In the explosive several 100 point moves we had last night we hit major resistance levels in the USD.
DXY has made a 161 extension of the recent range and this is the best topping signal I know of. The rule here is if we're into a top it should turn by/before the 220 fib.
Taking short entries close to the 220 with stops right behind it. We might be due to see a near term USD crash.
(Note, for those who've been hoping for a USD top for stocks to rally - in 2008 the USD and stocks crashed together. The real stocks crash started after the USD rally).
DXY has made a 161 extension of the recent range and this is the best topping signal I know of. The rule here is if we're into a top it should turn by/before the 220 fib.
Taking short entries close to the 220 with stops right behind it. We might be due to see a near term USD crash.
(Note, for those who've been hoping for a USD top for stocks to rally - in 2008 the USD and stocks crashed together. The real stocks crash started after the USD rally).
交易結束：目標達成:
Corrective target complete.
Now, wen moon?
Now, wen moon?
評論:
Maybe time for moon now?
