tangman

[Study] Possible market top near?

TVC:DXY   U.S. Dollar Currency Index
104 views
6
It's been long, slow grind up today, and I'm worried if it's a bull trap.

Looks like the DXY could be putting in a potential bottom. Near term, this could send stocks down if the IHS pattern completes.

I will be watching this closely and if the patterns looks like it wants to complete, will be selling / hedging long equity exposures.

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