Replies to post #243147 on SPDR S&P 500 (SPY)

[USDollar]

Juicy trades are not hard to find
They are hard to wait for
And when they do arrive people get scared and don't trade or don't ride
In a away seems like we deserve it

The juicy trades are found in bottom of cycles (happened in 2015 and 2016) and on important TLs or MAs (not indicators, they are out on this)

Your first chart shows a juicy trade at 55 for a 27% potential juice, but you would have to wait it out maybe 1-2 years.
Second chart is a buy right now, and averaging down at 88 then 86 then 80, no waiting, but case in point ... afraid to even consider

(DXY is not recognized by stockcharts Lol)

[TheWatcher51]

Pivot is 24.05 on uup according to the daily... it appears the prior (up) trend is weakening according to adx line... which may be a sign of downward pressure... according to your chart we are around a decent support zone in the dollar and may warrant a bounce but also it has breached its 20 day but closed just above today... so that's also evidence that the uptrend may stay intact here but Imo we will see a bit more down in the short term... gold looks like a bounce and also tlt both at the daily pivot and A/D rising so with all that said it puts downward pressure on the dollar... which puts uup puts in my portfolio... we shall see... just my .02 spy