Friday, January 27, 2023

#Dollar Index Review $UUP $UDX

US Dollar Review
Trading noise, the random movement of price over the short term, does not control trends, cycles, and profits. The majority, an emotionally driven group focused solely on price, often interprets it as meaningful information. This leads to confusion, frustration, missed opportunities, and leaves the majority as the bag holders of trend transitions. The Evolution of the Trade helps investors stand separate from the majority.

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

Subscriber Comments

The US Dollar Index Report, a series of videos, extends the discussion.

The weekly (secondary) and monthly (primary) trends show varying degrees of extension in September 2022.  The dollar's run, which many have called over due to Fed policy, needed a consolation, or pause that refreshes the secular trend. The weekly price and time cycle reached 3 and 1.8. Weekly price cycle readings of 2.5 are extremely rare for the US Dollar Index.

Today's pause is approaching 10 weeks. The bulls are beginning to believe the rally will never resume. This belief assumes that the troubles in the periphery economies like Europe and Japan have been miraculous resolved by the Fed's rate hikes. Please continue reading...

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The Matrix provides market-driven trend, cycles, and intermarket analysis.