Weekly:
- Key level to watch is 96 !
- Heikin-Ashi reversed to bearish. We have quite a damage in USD Indx, but no drama yet. Real panic and USD sellof would start below 96.
- EWO and MACD are still holding in bullish territory
Daily:
- Massive USD selloff on Trump victory, but initial super bearish price action started to fade a bit. However the damage is clearly done here. Ichimoku setup turns neutral from bullish.
- Heikin-Ashi candle is kind of extreme with these super long wicks... yet it is bearish! haDelta and DM_Oscillator are down.
- Volatility will stay high. Be careful with position sizing!
- EWO is down to flat
We should not have illusions, Trump will fck up US budget. The next big trade for 2017 will be SELL USD (DXY) and SELL longer dated US Treasury Bonds!
Wait a bit until the dust settles, then think about how to build short USD positions!
- Key level to watch is 96 !
- Heikin-Ashi reversed to bearish. We have quite a damage in USD Indx, but no drama yet. Real panic and USD sellof would start below 96.
- EWO and MACD are still holding in bullish territory
Daily:
- Massive USD selloff on Trump victory, but initial super bearish price action started to fade a bit. However the damage is clearly done here. Ichimoku setup turns neutral from bullish.
- Heikin-Ashi candle is kind of extreme with these super long wicks... yet it is bearish! haDelta and DM_Oscillator are down.
- Volatility will stay high. Be careful with position sizing!
- EWO is down to flat
We should not have illusions, Trump will fck up US budget. The next big trade for 2017 will be SELL USD (DXY) and SELL longer dated US Treasury Bonds!
Wait a bit until the dust settles, then think about how to build short USD positions!
