US dollar appears to have bottomed for the time being, with the daily stochastic on the rise from oversold.
So of course, equities fall.
But the weekly has only begun its fall, indicating that in the longer term we should see equities rise -- unless the inverse nexus between dollar down/equities up is cut.
I'm wondering if on the daily US dollar index a head and shoulders is forming to play out that scenario?
"tremendous tuesday", page-77
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| XJO (ASX) Chart |