Tomorrow the Dollar will continue it's descent!

2022년 12월 6일

Now that we've retested the neckline of our H&S which intersects perfectly with the 200 day moving average, the dollar will have found permission from the bulls, who will give up here, to continue it's descent.

Follow the VIX in correlation with this downward trend and we will begin to observe still more bullish activity in the stock market. Should the moves be significant, we can only hope that crypto will follow slightly, or at least hold from sustaining more losses.

Best,
Stew