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
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.
Trade closed: target reached
View the execution of this price re balancing on the youtube channel belowNote
This action was closed, but in case you were wondering....Note
This idea was closed since I have a long short covered in the one Titled Bearish September for equities
But this can chop around tomorrow Tuesday and start giving us a definitive move down by Asia on Tuesday afternoon NY time or Early Wednesday morning.
Play it safe
Note
Now I know we closed this the minute we hit our target...Just updating on the second and greater length leg..
Note
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
Note
Note
Failed to deliver downsideNote
that is right
DO YOUR OWN RESEARCH!!!
linktr.ee/tru.capital
linktr.ee/tru.capital
Related publications
Disclaimer
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.
DO YOUR OWN RESEARCH!!!
linktr.ee/tru.capital
linktr.ee/tru.capital
Related publications
Disclaimer
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.