Last night, 3/17, midnight trading $920 high would of broken upper boundary signaling an uptrend. But it didn't hold. Perhaps we're waiting for FOMC meeting 19th-20th. Overall I think we're still in an uptrend.
Using the Next Pivot indicator and SSL Hybrid, I am able to get an idea of what will happen the next day. The indicator simply doesn't know that it's predicting the midnight instead of the next day.
Just a new trader learning about DXY.
DXY is the dollar value relative to international currencies. And a positive DXY makes everything more expensive, thus it has an inverse relationship with the stock market. I wanted to know how it will react to upcoming bank failures. So I looked back at the 2023 bank failures.
1. Generally speaking bank failures had a...
