Chart Idea - DXY
DXY weekly chart looks too bullish which is very bad to the markets. Looking for short swing positions on QQQ and ES. DXY probably looking to hit 107+ range before retracing it back in next few weeks.
Note
This chart is still valid. DXY has broken big downward trend on weekly, retested and gave confirmation in the first week of April. This gives us further confirmation on risky assets correction for short period of time. I am short on SPY, QQQ, XAU and BTC for MAY.Trade closed: target reached
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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.