Dollar is a confirmed sell on harmonics. SSTIS is a short-term sell with a longer-term buy with an initial bear surge signal. Now FED takes care of keeping the liquidity alive as demand for dollar is rising as market is diving. This is the first priority of FED since 2008: take care of enough money available at market drops. It might soften the drop of stocks as well. If the MVO bear surge signal will be confirmed on stocks, that softening-effect will fade away and dollar will stop its dive. 2D MV chart is a short-term buy with a longer-term sell signal but MVMF-H signals rapid elimination of the bear. Odds are pretty high to see dollar to pop-up. No change on forecast.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.