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Sawyer170

Bullish on DXY = Bearish on Stocks

Short
U.S. Dollar Index (TVC:DXY)  
Sawyer170  
TVC:DXY   U.S. Dollar Index
Double Top or Bottom Triangle Oscillators
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doubletoporbottom triangle oscillator
Double bottom formed very nicely along with hourly RSI at very oversold 30rsi levels, it has been down their for a while. With the news of rate hikes rising from .25 to .50 also I'd expect with the jobs report on Friday the last catalyst to confirm a strong downtrend if it dosent happen before due to the market being forward looking.

Bearish on SPY right now until possibly the May FOMC meeting.
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