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mjmassens

90.7 DXY Dollar is the key to the stocks correction!!!

Indice devise Dollar U.S. (TVC:DXY)  
mjmassens  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Chart Patterns DXY sp500index nasdaq DOW RUSSELL 2000 esmini NASDAQ 100 E-MINI FUTURES YM1! SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern dxy sp500index nasdaq dow rut esmini nq1! ym1! spy
If the Dollar gets over 90.7, that should signal the correction in all assets. 90.7 is the *yearly* 20 period moving average. Rejected twice this past week, but it has broken out of a wedge pattern, backtested successfully, and seems to want to move up to get over 90.7. Target 92.3-92.5 for the short term resistance and green light to long stocks. 90.99 is a gap and also a target.
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