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Expecting a pullback to below 1.95 and then take off in wave 3. Targeting above 2.0 in keeping with the near term risk off sentiment.
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A short term Risk off scenario right before and after the elections is expected to be followed by a solid multi month rally in risk assets
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A short term risk off right before and after the elections is expected followed by a solid multi month rally in risk. SPX, OIL and Dollar index are lining up nicely for such a scenario.
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