May 30, 2013
- in Uncategorized by schooloftrade
Dollar-Index-correlation
Dollar Index |
The Dollar-Index
is moving higher this morning, with new higher-highs and higher-lows. We see that the price-action is most likely
overbought, which tells us that a short term price-reversal is likely before we
head back to new higher-highs. Remember,
there is major news this morning at 830am EST that could easily change the
opinion of value for the Dollar-Index, which means we need to be aware this market
personality may change. Join us HERE.
is moving higher this morning, with new higher-highs and higher-lows. We see that the price-action is most likely
overbought, which tells us that a short term price-reversal is likely before we
head back to new higher-highs. Remember,
there is major news this morning at 830am EST that could easily change the
opinion of value for the Dollar-Index, which means we need to be aware this market
personality may change. Join us HERE.