SamSuka
The Long Investor
The Long Investor

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$DWY

The US Dollar Index continues to move as projected and making its way down to the 200 Day MA at $98.40....we are likely in Subwave 2 of Wave A here.....next is Subwave 3...the most aggressive wave, which could be starting off at the start of next year.

Druckenmiller is short the US Dollar and going by this chart, it makes a lot of sense.

$DWY

Comments

Sorry to the noobie question, but what is the correlation of the US Dollar to stocks.

Steven Richards


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