The dollar has been very weak. Not at all like the rally out of an ICL.
I think I’m going to win that burrito bet and the dollar rolls over into another left translated cycle and slices right through the 200 WMA just like it did the last two bear markets.
We still need one more pop first though as the euro hasn’t quite broken its cycle uptrend line yet. It needs to do that to confirm the DCL before it can start the next leg up.
Video Length: 00:08:50
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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