Dollar Index … again. Look at this chart … U G L Y.

Cliff Note: the BUY pattern worked and then, well, it didn’t?  Some WILD SWINGS in the currency markets.  the Gorilla’s were/are definitely juggling dynamite.  One of my RULES is that I NEVER trade on non-farm payroll days.  Just sit on my hands … bet a lot of people went long $$, then short $$ then long $$$ … W O W.

Look at the “wicks” on those candles … that is some serious UP and DOWN action.  Do we really have a clue of who has control?  Well, right now the chart is red and lower – so that’s my best guess…


Guess will take a fresh look (again) this weekend …


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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