BullBearMkt

DOLLAR INDEX FINALLY VIOLATES ASCENDING TRENDLINE MORE TO COME!

Short
TVC:DXY   U.S. Dollar Currency Index
Dollar index finally breakdown last December 2020 by violating the ascending trendline that has been keeping it afloat since 2008 (Technically 2011!). However, the index is now sitting close to a support level . The support level may cause a bit of reversal, but the overall bearing trend will be sustained as depicted on the chart.

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Comments

I agree with you. Nice job.
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BullBearMkt Best_Forecast
@Best_Forecast, Thanks
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