Hello everyone, I just wanted to share what I'm seeing on the relative strength of the dollar. I outlined a possible completion of wave 1, which is very near Imho. I would be very careful shorting stocks. If you're a swing or long term trader. I believe the best time to short this market is when wave 2 is completed. For now I would be very cautious. Too many people calling for a market top. The sentiment I read is one of disbelieve, not optimism or euphoria. Yes the market has been volatile lately but to me is just setting up for a massive move up, bringing the market to a euphoric state. This is only my opinion and should not be taking as financial advice. Cheers and good luck.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.