Friday, August 6, 2021

#Dollar Index Review $UUP $UDX

US Dollar Review

Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to long-term trends, it does not define them. The focus on short-term noise rather than trends, a source of confusion for the majority of investors, leads to the creation of bag holders at major trend transitions.

The US Dollar Index's overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.

Subscriber Comments

US Dollar Index Primary Trend

The Major Currencies DI large bullish energy build preceded the dollar rally months ago. If the primary trend flips up, the game changes. Safe haven capital flows are driving the US dollar higher. It's still the world's core economy and currency. Invisible hand is trying to tell us that 2022 will be rough.

Gold and the US dollar could easily link up in 2022 if confidence remains in a bear phase (line 103 Trends Tab of the Matrix).

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.