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arama-nuggetrouble

Still watching OIL for a move in the Dollar?

U.S. Dollar Index (TVC:DXY)  
arama-nuggetrouble Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis
14
2
trendanalysis
Metals are ready to pop/explode but will an upward bump in the Dollar provide an entry? Not sure if it will or the Dollar may continue to throw up and head down to $96. $96 is a support zone for the Dollar and the level it exploded from when Russia invaded Ukraine leading to a premium for US Oil. The Dollar and Oil link is important to watch. Lets see how big of a ruckus an increase in USO will cause.
Comment:
Oil needs to hold $67 support
snapshot

Dollar needs to hold $102 support
snapshot

If these supports break back into the metal trade!!!
Comment:
Oil look weak

Oil looks weak. Per the idea if OIL sells off except weakness in DXY too
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