As I said in Jack Be Nimble, Part 3, the longer term view in DXY is still down.
The regression trend needs to be broken at $94.30 with a meaningful upside reversal.
Until then, I will remain JACK BE NIMBLE on this trade. Any failure at $94.30 and I will close my long position.
I would like to finish with a quote from Mr. T: “I believe in the Golden Rule. The Man with the Gold--Rules.”
I hope this has been helpful, entertaining, and informative. May all of your trades go well. Don.
The regression trend needs to be broken at $94.30 with a meaningful upside reversal.
Until then, I will remain JACK BE NIMBLE on this trade. Any failure at $94.30 and I will close my long position.
I would like to finish with a quote from Mr. T: “I believe in the Golden Rule. The Man with the Gold--Rules.”
I hope this has been helpful, entertaining, and informative. May all of your trades go well. Don.