well it's clear isn't it? Weak $ before election, no rate hike, eco indicators will follow the previous one (terrible), USD will be smashed and S&P in surviving mode until next QE and NRIP. Seat back and relax !
Comment:
What a rebound ! The USD has been saved for the day, not 100% sure about the reason I was expecting a down till the trend line to complete the clean up(s) first then retrace. So if USD down next week we could have a big break pushes down by UJ and GU (bleaching the Long right now till trendline support) + EU .
Comment:
Seems next week is a perfect week for a red. Last candle has not been very convincing and it s looks more like a needed retracement but not a short squeeze, this is great.
