(Check out my previous accurate calls on the dollar from the past year below these comments)
Has anyone else noticed the massive bearish symmetrical triangle on the 3M DXY chart?
Everyone believes the dollar will strengthen in the short term, but I think we have formed a head-and-shoulders pattern and are in for another significant leg lower!
The 1.618 continuation on this decade-long bear market rally is almost exactly at 50 on the dot, and I believe we are heading there fast!
Has anyone else noticed the massive bearish symmetrical triangle on the 3M DXY chart?
Everyone believes the dollar will strengthen in the short term, but I think we have formed a head-and-shoulders pattern and are in for another significant leg lower!
The 1.618 continuation on this decade-long bear market rally is almost exactly at 50 on the dot, and I believe we are heading there fast!
