June US dollar index:
1. In yesterday’s (Monday, May 8) Williams edge live meeting it was noted that a daily close above $98.65 in the June US dollar index was expected and if occurred would be buying territory for an advance to $99.25/$.30 into later this week.
2. Subsequently, the June US dollar index closed above $98.65 (at $99.04) and today (Tuesday, May 9) completed the forecast advance to $99.25/$.30 (today’s session high, $99.50, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June US dollar index.
David Williams