|
We cannot trade the dollar but it has tremendous influence over commodities. A weak dollar is a tail wind behind most everything we trade. The dollar is now in an extreme left translated intermediate cycle, and is on the verge of creating a failed daily cycle. If the dollar drops below 95.72 I think the fuel will be lit under the metals trades. This is worth keeping your eye on.  I have added dollar cycle counts to the cycle count page.
Comments
|
This PageThe Speculation page is used for educational purposes and to talk about our opinion on trades and what is going on in the market. All trade recommendations are made in "The Pit". This is also a blog page where you can ask questions, post your thoughts, or ask for help. Be sure to use an anonymous name. If you have any questions feel free to reach out to us via email. Archives
May 2021
|
RSS Feed
