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jsaettele

The Case for a DXY Top

Short
U.S. Dollar Index (TVC:DXY)  
jsaettele  
TVC:DXY   U.S. Dollar Index
Trend Analysis DXY
7
0
trendanalysis dxy
Parallels, parallels, parallels. Simply, DXY channels perfectly from the 2008 low (log scale). Divergence with RSI is present at the high too...if that's your thing. The May high and 50 day average at 105 is the first big test on the downside. 107.50 is resistance. -Jamie
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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