US DOLLAR - Seniorage
104.55 presents some issues for the perennial DX Bears.
Will it arrive, we've been suggesting as much for months on end.
It is quite often Gold Bugs who cheer the Dollars demise, without
realizing Gold has moved up with the Dollar.
Why?
Curious is it not, but the answer is simply Fear.
Projecting what should never be... is not a winning trade in Fear.
We are reaching the later stage of Capitulation, extreme volatility
signals this event.
Tomorrow will be interesting as the MAY VIX Futures left several micro
Gaps below @ 29.24 and 30.05.
Is the end near?
Yes, it is quickly and violently approaching.
We will be watching the ES reaction @ 3949.50.
Trade safe and good luck~!
HK
Will it arrive, we've been suggesting as much for months on end.
It is quite often Gold Bugs who cheer the Dollars demise, without
realizing Gold has moved up with the Dollar.
Why?
Curious is it not, but the answer is simply Fear.
Projecting what should never be... is not a winning trade in Fear.
We are reaching the later stage of Capitulation, extreme volatility
signals this event.
Tomorrow will be interesting as the MAY VIX Futures left several micro
Gaps below @ 29.24 and 30.05.
Is the end near?
Yes, it is quickly and violently approaching.
We will be watching the ES reaction @ 3949.50.
Trade safe and good luck~!
HK
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