Chart of the Day - Monday, January 26, 2026

🏆 Today's Chart of the Day was shared by Jason Perz (@JasonP138).
 

• The U.S. Dollar Index ($DXY) made new four-month lows today and just logged its worst three-day decline since April of last year.
   
• $DXY has struggled to reclaim support near $100, and a weekly close below $96 would open the door for further downside. 
   
• A weaker dollar tends to act as a tailwind for commodities and international equities, and with both already outperforming the S&P 500 this year, a breakdown in $DXY likely adds fuel to the fire.

The Takeaway: The U.S. Dollar Index appears poised for its next leg lower, which would further support commodities and international equities.