The Day Ahead: PM Edition 2021-12-15

Powell seems to have threaded the needle

Dec 16, 2021

∙ Paid

Dollar Index

Forecast has been for a retest or new high in DX and that is what took place today with the spike past 96.57 to retest the high from November only to close back under prior resist. I think this qualifies as a possible wave ‘[I] of iii’ high and now due for a wave [II] retrace. Next confirmation that the retrace has started is a drop under 96…

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