DXY Trading Journal DXY Trading Journal
July 30
Price rallied to delivered to my noted Daily SIBI to almost the 50% just shy. Second attempt in two trading days to rally. Price executed a 3 drive rally to take out Mondays buy stops and then reversed in NY taking the equal noted sell stops.
I suspect that Price will seek lower Prices Wednesday. Price could reach to rebalance the 4 IFVG 104.284 maybe reach as low as 104.140.
I consider that there is alot of red folder news tomorrow and Price could seek higher prices to the noted 4 IFVG 104.577 to rebalance as well.