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dpuleo19

Bearish set up in the dollar $DXY

Short
U.S. Dollar Index (TVC:DXY)  
dpuleo19  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators dollar DXY UUP VCP basing short
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trendanalysis chartpattern indicator dollar dxy uup vcp basing short
The dollar has been basing below the 200-day MA.

If you don't see it, flip the chart and you will see a bullish valatility contraction pattern.

For me this should resolve to the downside to continue its downtrend.

This would be good news for stocks.
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