04/23/2015 – US Dollar

Issued: 04/23/2015

June US dollar index:

1. In yesterday’s (Wed. April 22) June US dollar report it was noted that any hourly close above $98.30 in the June US dollar would place the market into a ‘Buy’ position for a quick advance to at/near $98.65 (or higher) into Thurs., April 23 (+/-1 day).

2. The June US dollar index closed hourly above $98.30, providing new long entry at approximately $98.39. Today’s (Thurs., April 23) June US dollar index quickly advanced and completed the $98.65 upside target (today’s session high, $9864.5, so far). This completes the trade. Will message any further entry or indication in the June US dollar index.

David Williams

Issued: 04/22/2015

June US dollar index:

1. Any hourly close above $98.30 in the June US dollar places the market into a ‘Buy’ position for a quick advance to at/near $98.65 (or higher) into Thurs., April 23 (+/-1 day).

2. Initial long position exit should be taken at/near $98.48, another exit at/near $98.65. Any remaining long position should be held for the possibility of higher prices to be noted in a subsequent update.

3. Once long, a protective sell stop should be placed at $98.00. This stop will be moved higher as the market continues to confirm.

David Williams