Another 48h - Trump Back In Office 2025 Send DXY Into The Air

2024/11/06
Another 48h - Trump Back In Office 2025 Send DXY Into The Air
“a very bullish increase of over +1.51% paints a new picture!
will the upswing last tomorrow? at least during this week?”



After Trump's victory, the WallStreet stocks are rising sharply NDX & SP500 & DJIA and/or DXY is rallying sharply, while GC1! is selling off. A political red wave is sweeping away the US Democrats, under the direction of Biden & now also Harris! And better than most observers thought - including me. I was expecting such a triumph in 2022 during the mid-term elections! But 2024? Never. But good - Trump back in office! This will be better than we can all imagine today. Which may be why GC1! fell today? Insurance against the US economy, against the DXY is apparently no longer necessary - at least today. Because at the same time capital market interest rates are rising faster than they have been in years - like US10Y .

However, July, August and/or September were bearish red months for the DXY . In contrast to October, which was a juicy bullish green month. What we can also prove with the help of the fundamental Marko analysis, using US economic figures - such as the publication of the last two US unemployment rates. And or also based on the publication of the last US inflation rate. Because during all three publications, and especially afterwards, the price action of the DXY was not only traded and invested above the downward trend (from July, August, and or even September). no - since then the price action of the DXY has no longer been traded or invested within, let alone below, the price action of the published hour. So we can certainly speak of a bullish upward trend in the DXY since October, since the low for the year on September 27th at 100.157 points. So we can argue verified bullish, by using both technical analysis and fundamental analysis! How far can this take us optimistic bulls? How high can the DXY rise? I don't know that! But that is the learning material for this calendar week. For a calendar week that, for better or for worse, more or less, is likely to be the most exciting calendar week of the entire year 2024.

“Markets can influence the events they anticipate.”
George Soros

105.101 : 2024/11/06 - last price action
104.799 : 2024/07/30 - July High Before Sell-Off
104.447 : 2024/08/01 - High Of W-Formation
102.624 : 2024/11/01 - High During Unemployment Data Release
103.820 : 2017/11/01 - Historical 2nd Mid-Term High
102.624 : 2024/10/04 - Low During Unemployment Data Release
103.104 : 2024/10/10 - High During Inflation Data Release
102.720 : 2024/10/10 - Low During Inflation Data Release
102.624 : 2024/10/04 - High During Unemployment Data Release
102.160 : 2024/08/05 - Low W-Formation
101.855 : 2024/10/04 - Low During Unemployment Data Release
I stick to my basic stance that an upward breakout from our W trend reversal formation is bullish. And/or also a breakout downwards is bearish. And I, if at all, will formulate only a long 4XSetUp or even a short 4XSetUp based on this! If any? Because with the “Another 48h - DXY …” series I want, first and foremost, to learn with you. Make an educational contribution every day that describes the decision-making process for a (not) imminent long and/or 4XSetUp. So let us wait until the DXY breaks out up or down from our w trend reversal formation - and then confirms it! How? By confirming the breakout at 104.447 points with a price action above 104.799 points in order to become bullish again for the following days and weeks! And/Or also with a downward breakout, from the w trend reversal formation, at 102.160 points, with a price action of below 101.855 points in order to become bearish for the following days and weeks!

When asked why capital market interest rates are rising? A friend of mine, an online broker analyst, answered me today: "Because Trump will increase deficits (less tax revenue), while tariffs will have an inflationary effect and therefore the Fed will not be able to lower interest rates as much." If you like, the money remains expensive, the key interest rate remains high, and/or the US yield curve. Which in turn is likely to be rather bad for US stocks in the future NDX & SP500 & DJIA because fixed-interest securities represent a lucrative alternative US10Y with almost no risk of default (USA). What could also put pressure on the US economy again? But not today! Not this year 2024! Therefore we could still continue to rise until the Christmas season, into next year. Bit in 2025 we should also see the opposite of the movements we have seen today. Even because of the reasons, my broker analyst said. But today? Trump back in office 2025! The DXY rose by an impressive +1.5% today. And that seems to encourage bulls to buy. Not only did we break bullishly upwards from our w-formation, from 104.447 points. No - we also rose above the previous high from July 2024 at 104.799 points without any problems. It is therefore important to at least preserve the 105.101 points at which the DXY is currently being traded and/or invested until the weekend. In order to then be able to speak of a successful bullish breakout at the weekend, verified with a bullish outbreak out from the w trend reversal formation.

105.101 : 2024/11/06 - last price action
104.799 : 2024/07/30 - July High Before Sell-Off
104.447 : 2024/08/01 - High Of W-Formation


With best wishes
and with good intentions!
Aaron



Another 48h - DXY ... is pure information material.
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