$DXY trying to base daily but weekly shows ominous sign
The US #Dollar is trying to base on the daily charts, again.
Not making calls until we feel sure, many times we're posting just to show what we see. We've mentioned many times that calls are CLEAR when they are made.
Breaking under doesn't mean impending doom, look at June how it came back.
However, that is NOT the norm!
Usually a break turns that support level into staunch resistance, for some time as well.
Weekly, there's a BEARISH crossover.
DXY
#GOLD #SILVER #Bitcoin
Not making calls until we feel sure, many times we're posting just to show what we see. We've mentioned many times that calls are CLEAR when they are made.
Breaking under doesn't mean impending doom, look at June how it came back.
However, that is NOT the norm!
Usually a break turns that support level into staunch resistance, for some time as well.
Weekly, there's a BEARISH crossover.
DXY
#GOLD #SILVER #Bitcoin