Market Update (H4/D/W/M) – USDX, Indices, Yen Pairs, and Cryptos up to December 06, 2024

Market Outlook: USDX, Indices, Yen Pairs, and Cryptos (from December 02 to December 06, 2024)

 

Medium/Short Term(H4) Right Side:

• USDX-  Sideways to Turning Up

• INDICES -  Bullish

• YEN Pairs-  Lower

• CRYPTOS- Up

Daily/Weekly/Monthly Right Side:

INDICES

• Daily -     Bullish

• Weekly- Bullish

• Monthly- Bullish

USDX 

• Daily-     Bearish

• Weekly- Bullish

• Monthly- Bearish

YEN Pairs

• Daily-    Turning Lower

• Weekly- Bullish

• Monthly-  Bullish

Trading Opportunity:

• Long-Term- in Daily

• Buying- Indices (in the correction)

• Buying- XAU and XAG Bullish (in the correction)

• Sell- USDX( in the up correction)

What We Shouldn't Do in the Market Until More Data:

• Do not Sell Indices

• Do not Sell Yen Pairs

• Do not Sell Precious Metals

• Do not Buy USDX

 

WARNING

The best trade is when we have two or more alignments in a row. And the instrument has a bullish structure:

Exp: Instrument In ( H4,D,W)

• We can buy in H4 / in (3,7,11) swings when the correction is complete

• H4- right side up

• D- right side up

• W- right side down