US dollar index (dxy) elliott wave forecast - august 19, 2010

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Uploaded by on Aug 18, 2010

this video is an update on the US dollar index (dxy) using the elliott wave principle. the dollar still looks very bearish in the long term and it could be as a result of the FED monetary policy. it seems as if the FED will inflate the economy at the expense of the US citizen.

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  • Solid, thanks David

  • Flames like wizardofounce tend to come in near market bottoms.

    SPX may mount near term rally : )

  • @wizardofounce i think you are missing the point. i am saying that there is an inverse relationship with the stock market and the US dollar. i think the dollar is headed lower long term and that the stock market will most likely rise due as a result.

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