DXY: Up-Trend Confirmed, $94.30 Breached On Upward Move
Several days ago I reported that the $94.30 level needed to be breached to the upside in DXY0.50% .
This has happened and, in my opinion, a new uptrend has begun.
In fact, while I was typing this, a huge spike happened to $94.638.
This should be negative for stocks , because 65% of the S&P-500 are export companies.
This should also be negative for energy related stocks .
I hope this has been helpful. May all of your trades go well. Don.
This has happened and, in my opinion, a new uptrend has begun.
In fact, while I was typing this, a huge spike happened to $94.638.
This should be negative for stocks , because 65% of the S&P-500 are export companies.
This should also be negative for energy related stocks .
I hope this has been helpful. May all of your trades go well. Don.
