One of the main things that has been hurting many asset classes of late has been the US dollar strength as shown by the pump above resistance on the DXY chart. Now I see signs of a pullback from an over extended rally with RSI divergence on the chart. This could bring some temporary relief to other markets.
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.
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.