And here's the final chart, following up to previous USDX analysis. Not just divergence but also the fact that the spread has made a lower high.
Check the 'reference' below: "LONG DOLLAR INDEX. SHORT 10-YEAR NOTES" where 13 months ago, the charts pointed to get long on the Dollar and Sell the 10 yr treasuries. Its now time for a correction!
Check the 'reference' below: "LONG DOLLAR INDEX. SHORT 10-YEAR NOTES" where 13 months ago, the charts pointed to get long on the Dollar and Sell the 10 yr treasuries. Its now time for a correction!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.