Not Just Forex: On Stocks & US Dollar Index

As expected Alibaba (BABA) has made a recent run above the 102.00 levels while keeping pace with Apple (AAPL) at the 109.00 levels. Making a huge difference within the recent decline on the DJIA and the technically motivated "V" recovery formation has now been justified with price action rally.

Other than knowing which of the "Tools of the Trade" to use to identify a probable target level as reflected using a simple Andrew's Pitchfork application other than a projected Elliot Wave objective and a Fibonacci Time frame to achieve a realistic time period for price action & directional moves that would be defined on every closing price levels. Supported with the relative momentum index shows investors shifting funds and a flight to quality investment on the USD.

Not Just Forex: On Stocks & US Dollar Index