Dxy broke uptrend support at marked area. Yes it is finding support at important daily EMA which can rally if, it does look like it can try to put in a W pattern here Howver what if this actually just goes sideways and sets continuation to the downside? Everyone is fearing more downside for stocks, what if this recent pull back is just a small correction before a bigger move up. I’m still looking for at least 410 on spy before a lower correction. That double top at 402, that’s just to damn easy for a monster pull back to new lows, market stays irrational longer then we can remain solvent. I don’t think we topped yet on spy personally and I don’t think dxy has bottomed just yet. We shall see goes. .5 fib is 101area that’s where I think we head for a bounce !