Friday, April 28, 2017

Dollar Index Bends

But so far, it has not broken!

The large gap to 99.73 will likely be filled soon.  After that, the last solid Dollar Index strength is a potential E-Breakout from another declining wedge pattern.  Although the secondary uptrend line gave way, the primary is now holding firm – near the top of the Trump election spike.

FED Rates and the Jobs Report characterize the upcoming week.

Stay Tuned!

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