Kerrald

DXY Short term strength, long term beatdown

Short
TVC:DXY   U.S. Dollar Index
DXY with an opportunity to move to the upperbounds of the channel. So many elements of resistance stacked against it - I don't see it doing more than wicking or violating the channel for a short period.

This is where I cue up Johnny Cash's Burning Ring of Fire - cause we're going down down down. Nothing in the macro sphere supports a strengthening dollar.
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