Today’s Chart of the Day was shared by Brian Joyce (@Nasdaqbjoyce). The Dollar Index ($DXY) is at a crossroads again, and the next move for stocks could hinge on the path it takes. $DXY broke down to a 15-month low three weeks ago, after violating the February/April lows, around $101. However, that breakdown is failing […]
Chart of the Day – Wednesday, July 12, 2023
U.S. Dollar continues to get hammered as it has now fallen to a 15-month low pic.twitter.com/AVeXh5S7Bg — Barchart (@Barchart) July 12, 2023 Today’s Chart of the Day was shared by Barchart (@Barchart). Today was the worst day for the US Dollar Index ($DXY) since January, as $DXY slid -1.07% to a 15-month low. Stocks struggled […]
Chart of the Day – Monday, May 15, 2023
Pretty much a holding pattern across key assets heading into the debt ceiling….$ES_F $GLD $TLT pic.twitter.com/LXcBOtRmSj — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 15, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FustionptCapital). If this market has been putting you to sleep lately, you’re not alone. Arun points out that the […]
Chart of the Day – Friday, May 12, 2023
$DXY US Dollar Index 1D Best week since Sept 2022, trading above the 50-day moving average with RSI > 50. 105 remains an important S/R zone. pic.twitter.com/i0YRQNVr2K — Shane C. Murphy (@murphycharts) May 12, 2023 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). The US Dollar Index ($DXY) is back in the spotlight […]
Chart of the Day – Thursday, April 13th, 2023
$DXY Dollar peaking over the edge.. pic.twitter.com/Cx3FTHp0ab — David Yocum (@YocumsCharting) April 13, 2023 Today’s Chart of the Day was shared by David Yocum (@YocumsCharting). The US Dollar Index is on track for its fifth consecutive down week, marking its longest weekly losing streak in more than two years. It closed at its lowest level […]
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