DXY Speculation - down, up and down again?
Well, here it is! Call it hopium, call it crazy, but it seems like the DXY will continue it's downtrend until May.
In May the experienced investors will sell and will go away - on holiday, as they would be able to afford it. Not like You! Because you don't know that you are supposed to take profits :P
Anyways, best case scenario is that the DXY will gain strength later this year - thanks to the extension of the dept sealing ( go read some news and you'll know what I'm talking about).DXY goes in an uptrend that will lead to a another top, which is lower than the previous one ( Yes, it's called a Double top ) and that is when the real Bullrun starts. Slow stairway to heaven...where you get a lambo. You'll love it until everything crashes again and you realize it is an extremely impractical car with crazy expensive insurance and completely unreasonable fuel consumption.
In short: DXY goes down a bit, up a bit more and back down again, but more down.
What do you think?
In May the experienced investors will sell and will go away - on holiday, as they would be able to afford it. Not like You! Because you don't know that you are supposed to take profits :P
Anyways, best case scenario is that the DXY will gain strength later this year - thanks to the extension of the dept sealing ( go read some news and you'll know what I'm talking about).DXY goes in an uptrend that will lead to a another top, which is lower than the previous one ( Yes, it's called a Double top ) and that is when the real Bullrun starts. Slow stairway to heaven...where you get a lambo. You'll love it until everything crashes again and you realize it is an extremely impractical car with crazy expensive insurance and completely unreasonable fuel consumption.
In short: DXY goes down a bit, up a bit more and back down again, but more down.
What do you think?
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