Issued: 07/01/2014
September US dollar index:
1. Continued daily closes above $79.80 in the September US dollar index is the earliest indication for a multi-day tradable advance and test/attempt at $800.06 (or higher) into early next week (week of July 7).
2. Will message any new entry in tomorrow’s session if the market continues to confirm. Will update.
David Williams
Issued: 07/02/2014
September US dollar:
1. Today’s (Wed., July 2) September US dollar index attempted a retest of the critical $79.80 potential buying territory noted in yesterday’s update (today’s session low, $79.83, so far).
2. Self-directed traders who are long (based upon yesterday’s general forecast) should exit partial positions at current prices (current price $79.99). Further exit should be taken at/near the $80.06 upside target noted in yesterday’s update. Will message any final upside target in a subsequent update.
3. A protective sell stop at $79.90 is suggested. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 07/03/2014
September US dollar index:
1. Today’s September US dollar index completed the forecast $80.06 upside target (noted in our Tuesday, July 1 update) which prompted self-directed traders their second long position exit.
2. Today’s US dollar index continued to advance powerfully beyond the $80.06 initial target. Final long position exit should be taken at current prices (current price $80.34). This completes the trade.
David Williams