theapearmy

$DXY - Going for the jugular

Long
TVC:DXY   U.S. Dollar Index
My previous idea was for $SPY to seek a channel support break to $387 before potential retracement back into channel. Today $DXY failed to break $102 level, and may retest immediate support below before kicking off a new upwards move, causing another leg down on SPY.

I am long despite possible near-term retracement.

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