If you have not seem my original idea on this movement I suggests you take a peak here is a quick visual on the Bearish idea..

With the potential for a
DXY retest before possibly continuing to the upside. I would expect to see the very same inverse behavior in equities as well as forex.
Rejection of area seeking for downside target.
With the potential for a
Rejection of area seeking for downside target.
註釋
if the CPI gave us any hint we might not receive the drop we were looking for.We actually remained above last Tuesdays daily 50% this is telling.
Even tho anything can and usually does happen while Dollar continues to sluggishly consolidate I will remain cash.
NQ currently at no mans land.
We can have a brief dip and bounce from here or drop. Since price is not all together clear I will wait til it is. simple as that
DO YOUR OWN RESEARCH!!!
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