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Tactical Trade Matrix

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Daily Note

Watching The Dollar For Clues

Jul 22, 2020

Thomas Thornton

  • I am watching the US Dollar for clues
  • It's getting oversold, bullish sentiment is getting low, and there's a DeMark buy signal likely in a day or two away
  • A preview of the MSFT and TSLA earnings later today
  • Still only sell signals seen in the DeMark Observations
  • Almost all European equity markets and some in Asia have DeMark sell signals in play
  • A look at commodities.  Silver is extended and Coffee is ripping higher today

 

 

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