DXY markup week of 2/10/19
I am expecting DXY to continue its bullish push up through the nearest level of resistance stopping out everyone on the way up to the next larger level of resistance. The weekly and daily candles closing out extremely bullish last friday supports the idea of DXY opening bullish in the beginning of this week. If this plays out, I expect us to be in the larger area of resistance between Tuesday evening (2/12) and Thursday morning (2/14). The mid week reversal theory supports the idea of the markets reversing here... If the market reverses at this level I expect it to start a bearish trend that will last a long time.
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