SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
GROUND ZERO™
To: GROUND ZERO™ who wrote (153056)1/29/2021 12:21:00 AM
From: Hawkmoon1 Recommendation  Read Replies (2) of 219151
 
Came across this video on my YT feed and the guy is pointing out the DXY breaking out of it its downtrend channel..

But what he stares at and doesn't even mention is that it's in a reverse H&S breakout scenario.. And that's going to flip the peak low over, and at it's pivot point, it should rise to the same level above that pivot point..

I time-marked to where he's getting into DXY.

youtu.be

So I think that's going to put the kabosh on equities for a bit, and bonds should enjoy some relief.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext