- The Dollar Index TVC:DXY has a very interesting short to mid term time frame ahead regarding its Price Action and Decision Making Time ticking .
Currently TVC:DXY is bouncing around a Big Middline S/R area of 100-106 Range.
Both 'ANIMALS' have their fair share of Case, while for now, Bulls are more dominant on medium term while Bears have taken total control of short term *Hourly Time Frames by CHoCH impulsively and having a realif bounce (completion of Wave
(Bulls) - - -> Break out & Retest + Bull Flag formation pattern post break-out (Bears) - - - > Fakeout ; Wave C Headed Lower
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#Debt Ceiling Scnearios (Idea attached)
*2W (tf) (Zoomed out perspective)
May be TVC:DXY , has topped out , printing another Lower High in its Larger Time frames Downtrend coming from 114 High.