a red flag for the markets.
Updated
dxy is flashing a daily algorithmic buy signal tonight for the first time since september 3rd.
the last time it flashed, dxy went from a low of 92 to a high of 96, which caused pain across all of our markets.
if there is anything that could break a bullish setup, it is the us dollar.
be cautious out there o/
ps. this algo buy doesn't have to mean anything - it could in theory just keep falling if the worldly conditions permit for further downside.
the last time it flashed, dxy went from a low of 92 to a high of 96, which caused pain across all of our markets.
if there is anything that could break a bullish setup, it is the us dollar.
be cautious out there o/
ps. this algo buy doesn't have to mean anything - it could in theory just keep falling if the worldly conditions permit for further downside.
Comment
imagine being that guy who ignores daily algo buys on the dxy
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