![]() |
US Dollar Review |
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...
Use your Subscription Level Access Code to access the full review.
Follow me on Twitter or Facebook for further discussion.
----------------------------------
The Matrix provides market-driven trend, cycles, and intermarket analysis.
