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Tuesday Bullet Points
Currencies are starting to show signs of direction…finally. The US Dollar has an upside DeMark Countdown on day 3 of 13 and could start to make a move higher out of this range. All the major crosses have signs that they could fall too. The Euro naturally is on day 3 of 13 on the downside heading into Draghi's last ECB meeting where there could be some ambitious proposals this Thursday. Even Bitcoin looks lower with a downside DeMark Countdown on day 2 of 13.