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SPECIAL US $ INDEX ALERT

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Compare your Nasdaq chart with the dates of these peaks in the US$ Index and see if you think this possible breakout overhead is going to be bullish for the market, I don't...

Our situation today on the US$ is that a breakout over 90.50 could see the US$ Index at 92 in 2 trading days or less... Chart below:

 

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We're expecting volatile times... our Daily Updates have moved to our subscriber content...  From time to time we may post articles of interest in this public discussion forum.  Subscribe now to get access to all of our technical insights, targets and forecasts...

 

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After a consolidation, the US$ is once again knocking on the 90.50 level, we can see that straight up move to 92... Perhaps coinciding with a 3% price on the 10 year... depending on how that one tests too...

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BREAKOUT... 90.60

 

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US$ INDEX UPDATE - APPROACHING OUR 92 TARGET....

 

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US$ INDEX 92.10

What is Next from here?

93.01 Volume High (12/14/17)

 

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US$ INDEX UPDATE - We are at critical breakout point...

 

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93.01 target on US$ was met this morning...

93.06 a few minutes ago...

Next upside target is a round number, by accident 94.00

 

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This move getting a little VIOLENT this morning... for example:

 

NZDUS$050818i.JPG

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US$ INDEX ON A BREAKOUT NOW

93.27

Still see 94.00 next resistance...

 

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GOLD is trading near 1295 on a new low this morning...

Here's a sample of our work:

From Today's Gold Forecast:

Quote

GOLD LOSES SUPPORT AND FALLS TO A LOW OF 1312, and is trading at 1313 in after hours or down 7 points on the day... while volume was a little lighter than Friday on The daily... the quality of the volume on the HOURLY was negative, suggesting along with the close under the previous low that further downside testing can be expected... So while we can always bounce, we're looking for lower and a test of this last low at 1302.30... GOLD trading at 1313

 

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So what we have here on the US$ Index June 18 Contract today... QUALITY OF HOURLY VOLUME...

 

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We have a higher high now at 93.50 premarket...

Gold has hit our targeted range this morning and is bouncing...

 

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OPEX Friday - US$ INDEX hits another higher high at 93.55...

Still Looking BULLISH...

Italian Banks Under Duress

EUR$ is looking ugly...

DB making new lows premarket

If it walks, squawks and talks like a DUCK...

It is a Frickin' DUCK !

 

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US$ Index ticked over 94.00 at 94.04 tagging our target...

So what's next?

We had tight range here support of 93 and resistance at 95.

So one or the other, we could plow ahead to 95 from here or pullback to 93 to set up the next move higher...

 

DX052318w.JPG

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US$ INDEX RALLIES TO 94.97 OVERNIGHT - Just short of projected 95 resistance... right on track....

Expect a pullback then more upside...

 

DX052918i.JPG

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US$ INDEX HIGHER HIGH - Higher high at 95.00, currently trading at 95.94...

 

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INCREDIBLE VOLUME AND MOMENTUM ON THIS US$ INDEX BREAKOUT....

 

 

dx061518w.JPG

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So we've had a long month of consolidation in this US$ Index... it' s time to disclose our next upside objective and that will be 97.5 per the following weekly chart...once 95 is assimilated, and we think that's happening right now in fact...

 

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US$ ON FAST BREAKOUT HERE...

 

Denial portion of US$ Virus is subsiding...

Recognition phase is next to sink in, followed by panic.

As I have been suggesting...

NEXT WEEK

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Recognition Phase is complete... Now the panic...

Overnight 96.80 on US$ Index...

Short term target 97.50

Check out when we started this thread... April.

If you like our market calls, don't forget to RT our Tweets !!  Appreciated.

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Are we on the edge of a GLOBAL FINANCIAL MELT DOWN?

Mechanics of the Global Financial Melt Down...

Look at Turkey...

In 2009 a borrower takes out a loan in US$ for let's say $1Million Principal at 1.5 USD/TRY

Now the principal of the loan will be paid back at 6-7 USD/TRY

So that loan needs to be paid back at say 4-5 MM US$

Can You Imagine?

And it's getting worse by the day !!

:o


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