DXY completed 5 of 5, bouncing off the 3.6 fib from June bottom. It briefly eclipsed the 2016 and 2020 highs, highest since 2002 now. This could be signaling higher prices for equities and commodities soon. Will be watching for corrective or impulse here; but a 100 test seems fairly certain.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.