DXY $ INDEX IS NOW Making Confirmation of the Bottom formation
the Bottom is made & mostly all Indices are overly priced , good earnings & all the bad news are already discounted by markerts... many investors are almost loaded to the neck.... just trapping the new investors & these elevated prices... that's my view.... hence a decent correction of 10~ 15 % cant be ruled out.....in almost all major INDICES... which is clearly visible in $ index.... forming a double bottom confirmation
Levels to watch out for ....
89.75 should not break
91 : is confirmation of the uptrend
92.20 : Above this level is almost certain that the Bottom is made...
Levels to watch out for ....
89.75 should not break
91 : is confirmation of the uptrend
92.20 : Above this level is almost certain that the Bottom is made...
Disclaimer
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.
Disclaimer
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.