DXY so weak

٢٤ يناير ٢٠٢٣

Yet it needs to find more weakness before strength. RSI is not yet oversold. Descending triangle continuation pattern on chart. Im sure there's more but that's enough for me.

Almost all asset classes seem to have bottomed, except for the ones which did well last year, those may be in pain.

٢٤ يناير ٢٠٢٣

ملاحظة

How far?

Here for starters.

٢٧ يناير ٢٠٢٣

ملاحظة

It could be interpreted as a falling wedge now.

Worth keeping an eye on.

٢٧ يناير ٢٠٢٣

ملاحظة

DXY is violating my beautiful lines to the upside. :( :(

١ فبراير ٢٠٢٣

ملاحظة

Down or up does not really matter at this point. If it is going up then I suspect we are rangebound for a while.

In the past when DXY is rangebound, assets tend to do well.

Im bullish assets regardless of DXY action right now.

١ فبراير ٢٠٢٣

ملاحظة

Down i guess.

٣ فبراير ٢٠٢٣

ملاحظة

DXY heavy resistance.