0:00 DXY 2:30 APPL 3:36 NASDAQ 5:10 BTCUSD 8:15 DIA DJI 9:05 What I want to see with the DXY 10:35 What I want to see with the VIX 13:00 HSI Hang Seng Index 15:15 GOLD XAU 16:36 MARA 18:40 NVDA 19:12 DKNG 19:34 PYPL 19:52 Closing/Good bye
Just an update from yesterday. Most things seem to be going as expected during this new year.
I still expect the DXY to drop to 98.3 or 99.6 before trying to make a good move upwards and possibly bringing the market down, but I am still looking for a potential reversal at 12.324. We are currently under this target and that is why I say reversal. In my mind and at the moment, the odds of the DXY continuing further down are 70/30.
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