Kumowizard
Short

USD in general is more neutral from neutral, bias is bearish

INDEX:DXY   U.S. Dollar Index
4 0 3
As I wrote before, it has stopped trending. (pls see prev post on USD)
The path will depend on the FED's suicide policy -> what and when to sacrifice (pls see thoughts at the end of post about SPX             below)

Weekly:
- Ichimoku picture is same neutral. One step closer to Kumo, Price still in between Tenkan and Kijun. Tenkan started to point down slightly, Chikou is at past candles. Wide range, with lower highs and a thick Kumo below. This can still become a bullish flag later, but for this price should trade above 97,50 to resume bullsih trending, otherwise Price will plunge into the "land of no man", possibly to test the lower side of the thick Kumo ard 92.
- Heikin Ashi is absolutely neutral. Bullish bias seems to turn down, as on last week's candle we had a lower high. haDelta/SMA3 at zero line again.

Daily:
- Remember, on rangebound markets Ichimoku is less useful! It gives too late and a lot of false signals. Use it only to check confluent key levels. Otherwise try to use Heikin Ashi.
- Heikin Ashi signal turned bearish again in the middle of the trading range. Bearish acceleration would happen below 95,00-95,30.

All in all it is neutral, but since NFP price action the short term bias is slight bearish again.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out