While I'm making this analysis Public, its purpose is really just a 'fun' project for myself to take a look back over time to see how (if) accurate it turns out to be.
what does the DXY yrTF 'tell' me?
1) the CCi has been making strong bullish moves (+100) away from the average price... while price has been printing LH's.
2) 2007 has been the only year (since 1980) with a CCi -100 Bear Push (& only just) & price printed a LL!
In other words, attempts of strength by the DXY results in an actual show of Weakness (LH's)?
While this has been sustained over decades, in my mind... DXY 'strength' DOES NOT RING TRUE.
3) While 2022 broke above the last LH of 16/17 (Off the HL of 2020...creating an up trend?)... yearly price has not closed above the 16/17 LH.
4) AND Price is still inside the 01/08 Bear Push Range.
REMEMBERING This is a Yearly Time Frame and therefore a VERY long term analysis, it seems to me the DXY is ultimately going to Dump.
5) Short Term However, I think a move to the yrWkZ of 2002 is still possible, if not likely. $115.00 ish.
what does the DXY yrTF 'tell' me?
1) the CCi has been making strong bullish moves (+100) away from the average price... while price has been printing LH's.
2) 2007 has been the only year (since 1980) with a CCi -100 Bear Push (& only just) & price printed a LL!
In other words, attempts of strength by the DXY results in an actual show of Weakness (LH's)?
While this has been sustained over decades, in my mind... DXY 'strength' DOES NOT RING TRUE.
3) While 2022 broke above the last LH of 16/17 (Off the HL of 2020...creating an up trend?)... yearly price has not closed above the 16/17 LH.
4) AND Price is still inside the 01/08 Bear Push Range.
REMEMBERING This is a Yearly Time Frame and therefore a VERY long term analysis, it seems to me the DXY is ultimately going to Dump.
5) Short Term However, I think a move to the yrWkZ of 2002 is still possible, if not likely. $115.00 ish.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。