Friday, October 29, 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

We have warned that The Slow Tran Wreck Is Coming. I have also said numerous time that the invisible hand doesn't care what we believe. It's hard to tell what people believe at times.  It seems every down tick in the dollar (rally in the Euro) is embraced for no other reason than MSM or some Internet guru said so.

Beliefs have no place in trading/investing. They ignore the Matrix's output, and alter core positions. Nearly all Fx and precious metals primary trends are down (please check them). Most Flips are relatively new and unprofitable. Not all Flips are profitable out of the gate.

It's completely possible the dollar, gold, and silver will rally together as confidence fails, but trust me when I say, the backdrop won't look or feel normal when it does. How does current backdrop feel?

Primary Trend Fx Group (Lines 16-22 Trends Tab of Matrix)


Reports represent my best interpretations or experience with the Matrix, but other than them, focus on the Matrix. Do you still believe the dollar is dead, and the Euro is King? (see charts below) Don't believe the BS! The invisible hand is King. The sooner you recognize that, the more likely you'll survive the game.

Dollar Index ($UUP)


Euro ($FXE)


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