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theapearmy
24 Mar 2023 05:33

$DXY - Going for the jugular Alış

U.S. Dollar Currency IndexTVC

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My previous idea was for SPY to seek a channel support break to $387 before potential retracement back into channel. Today DXY failed to break $102 level, and may retest immediate support below before kicking off a new upwards move, causing another leg down on SPY.

I am long despite possible near-term retracement.
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