USD ripper would likely be bad for US stocks IMO The correlation has been pretty negative over the last year USD rippers usually are b/c of risk-off sentiment, which hurts stocks pic.twitter.com/Lyj9vajzFv — Christopher Cain, CMT (@PythonTrader) January 12, 2021 Today’s Chart of the Day was shared on Twitter by Chris Cain (@PythonTrader). One of […]
Chart of the Day – Friday, December 18th, 2020
Downward sloping 200 week moving average.$DXY US Dollar Index 1W pic.twitter.com/XPOpqiesBe — Shane C. Murphy (@murphycharts) December 18, 2020 Today’s Chart of the Day was shared on Twitter by Shane Murphy (@murphycharts). It’s a weekly candlestick chart of the US Dollar Index ($DXY) over the past 23 years. The US Dollar is one of the […]
Chart of the Day – Thursday, December 3rd, 2020
Today’s Chart of the Day was shared by Chris Kimble (@KimbleCharting). It’s a monthly chart of the US Dollar Index ($DXY) going all the way back to 1985. $DXY fell for the third straight day today and is now decisively below that key $92 support level that we highlighted a couple of weeks ago. Chris […]
Chart of the Day – Friday, November 20th, 2020
Today’s Chart of the Day was shared by Frank Cappelleri of Instinet (@FrankCappelleri). It’s a daily bar chart of the US Dollar Index ($DXY) over the past six months. Frank points out that the Dollar has been stuck in a range between 92 and 95 since July. It’s trading below its 50, and 200-day moving […]
Chart of the Day – Thursday, November 19th, 2020
Emerging Markets vs S&P 500"So you're sayin there's a chance?" ~Lloyd Christmas$EEM $SPX $SPY $ES_F pic.twitter.com/nUihVJpawi — David Zarling, CMT (@AdaptivCharts) November 19, 2020 Today’s Chart of the Day was shared on Twitter by David Zarling (@AdaptivCharts). It’s a ratio chart of Emerging Markets vs. the S&P 500 over the past four years ($EEM/$SPX). […]
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