U.S. Dollar IndexUpdated DXY's D.Cross suggesting more down + text book daily channel
statistic wise + possible double top formation. Elliott wave is suggesting that we are close to a reversal. the question is when & where.
wish you all the best.
wish you all the best.
Note
Still flirting with March's low upper channel !! Slowly going down, waiting for something to happen. Breaking 2018's bottom 88.253 is not good.Note
93.xxx is the legitimate bullish target for this channel's break out, need bigger picture to figure this out.
Note
Comparing 2017's top and 2020's top is probably the key for the whole thing here they look very much a like !!!
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.