There's an AB=CD pattern for mid-long term trend. D=2431.38? maybe, we need more signals. But for short term trade, I prefer to sell high. Thanks & take care!
In monthly chart, the indicators still show bullish, and last month candle closed above 1825. Daily chart now shows the bullish signals, so in short mid-term just go long. Exp. date for this idea is Mar.10,2023.
The signals in Weekly chart is retracement, so this idea was set on 4H chart, available for this week. Exp.Date is Feb.24,2023.
DXY is still bullish in short term due to the rate hike, but in mid term it is likely to go down, comparing with the yeild and the price.
The market is a bottomless pit, when investors/speculators can earn alot from the market by sitting b4 the computer, why must they wake up early to work, or work hard to grow their business? This is a giant infant economy! Only relying on their monther feeding, how could they grow up? The Inflation rate is meaningless when the monetary assets bubble keep...
The Analysis is based on the Harmonic Pattern and the E waves. But still subject to more signals. The uncertainties are, 1. Technically, for both Harmonic Pattern & E waves, they don't tell you the exactly top/bottom for the pattern; 2. For fundamental, the unlimited QE depends on the Dollar liquidity, we can only follow the change of the situations. 3. The...
My long term plan published in Y2016 has finally completed! And hope the TAKEOVER will soon be completed as well. We'll watch!
Long positions are staying with the trending.
DXY price(P) is decided by D & S. Now the rate(R) is 1.75, suppose D=S, 1.when R not changed, P is up, means, D is up, S should increase, in order to keep the balance; 2.when P decreased, R not changed, D is down, S should also down, if S keeps up, that means the Equity price may have bubble; 3.when R is down, but P increased, D is up, S should be cut, if S keeps...
New long term bullish cycle will start since afer Y2020, based on my earlier analysis of oil long term cycle.