Mid(short)Term Bearish but... $ARGT $ARSUSD $DXY
Narrowing compression in a triangle formation since 2006 in $DXY weight.
Still Bullish against $USD between QuarterEMA $ 4 YearEMA.
Never trade under it's 4 year EVWMA. Lot's of insiders buys since then. :/
Watch for the 126 day EVWMA (Half Year) turnover alongside RSI(14 week) breakingUP its 50 lvl.
This "Breather" chart not so good as economic indicator. $STUDY
Dancing in RED (Support) zone from within 2007-08 crash. Market not so Healthy IMO! $STUDY
$IWM dancing at the bottom 2xStdDev. Support Log.Channel from within 2007 crash drawdown.
The 100 HighTech index still in "probation mode" and given force to market still.
2 Std.Deviation Logarithmic Linear Regression Channel for 1080 days. Smells like Volatility mid term season to come!
Watch out for the 99.34% HalfYear Standard Error Cloud here!
IMO the must resiliently strong emerging against the strong $UUP $EWW #TRMX