DXY has fallen below our level and has predicted we are dropping HARD towards the 103's.
The next level to keep an eye on is 103.780.
IF we hold and retrace upwards expect stocks, cryptos and indices to be topping --> signaling shorts
IF we break below and hold expect stocks, cryptos and indices to continue upwards --> signaling longs (continuation of current retracements)
ISM Manufacturing numbers coming out today at 10:00 am NY time.
Markets and PA should remain choppy until then.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
The next level to keep an eye on is 103.780.
IF we hold and retrace upwards expect stocks, cryptos and indices to be topping --> signaling shorts
IF we break below and hold expect stocks, cryptos and indices to continue upwards --> signaling longs (continuation of current retracements)
ISM Manufacturing numbers coming out today at 10:00 am NY time.
Markets and PA should remain choppy until then.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
