USD (vs. the World) DXY; Massive LONG!!

Mis à jour
This is the Weekly chart on the DXY, indicating what's probably the biggest USD LONG on this side of the Century!
- Every single commodity is telling you the USD is about to rise!
- Every equity market is telling you the USD is about to sky rocket!
- Everything tradable is telling you the exact same story: The USD is about to blow the roof off!
Just how many more clues does one really need??... :-)
(... and BTW, Gartleys are super quick so if you snooze, you lose!)
Note
"King Dollar" is still out of the office but it's already checking emails!
Note
Important Update / Revision! - Weekly chart;
snapshot
Clear as a bell.
Note
... and up close - the Daily chart;
snapshot
Note
Yeah...
snapshot
... that is what LONG means. :-)
Note
snapshot
Boom, whaaat uuuup?! Ohh, that's right, it's the USD! - Who could've guessed?!... :-)
Note
======================== September 30, 2020 --------------------------------------->

... and as we are drawing to a close of a rather healthy, profit-laden month - September, 2020 - (+291.2% Net R.O.I.), perhaps now would be appropriate moment to reflect on the fundamental aspects of the US Dollar, with special attention paid to it's major component: the Euro. (57% of the DXY.)
This "reflection" is also timely as the ECB, having just completed, today, a comprehensive review of their "fiscal stance", as well as an outline of their plans for monetary management.
Furthermore, how about if this "fundamental analysis" took the form of an Open Letter to Ms. Christine Lagarde, the "rock star of finance", who is undoubtedly also one of the "most unique people", walking this planet Earth. So here it goes;
--------------------

Dear Ms. Lagarde;
Upon reflecting on your in-depth, well-thought-out and collegic, ECB policy outline from this morning - September 30., 2020 -, we, those of us who have vested interest in the currency which'' management you are entrusted (obviously by other morons!?!...), we now can be clearly assured that your "flash of genius" is more of a permanent nature, something one can (and should!) take into consideration as a base-case, upon conducting any analysis involving the common currency.
Also, please, allow me to take the liberty to provide you with some operational insights which, hopefully will benefit us all, as well as to allow you to focus all your energies on the monumental task with which you have been charged.
E.g. The next time you send one of your lackeys, who is clearly more educated than you are, to fetch you coffee... And when upon his return he throws you a bone in the form of a G.B. Shaw quote, to spice up your already fascinating, cliff hanger of a policy review...
1) If you are going to quote something/someone: Do get it right!
The original G.B. Shaw quote - for your continued benefit and education, is as follows: "Reasonable men adapt themselves to their environment; unreasonable men try to adapt their environment to themselves. Thus all progress is the result of the efforts of unreasonable men."
2) Should you find yourself misquoting the original source... Please, do not take it upon yourself to "draw a conclusion" for us all, whose ranks are likely to contain far more educated entities than yourself! - My dog would be just one such example.
3) Should you, yourself, encounter difficulties walking and breathing at the same time, perhaps, that would indicate an opportune moment to reflect on your appointment to the ECB.
4) Now go and ^#%$% yourself!

Sincerely,
Ian Sinclaire
Note
When the whole World is short the UD...
snapshot
... you better be buying it!
Transaction en cours
LONG
snapshot
dxylongHarmonic Patterns

Aussi sur:

Publications connexes

Clause de non-responsabilité