So far, in 2024: US Dollar Index $DXY is up about 4% US 10yr Yield $TNX has risen about 70bps Despite higher rates and a strengthening dollar, the US stock market $SPX has gained about 8% What do you think stocks will do if these intermarket headwinds abated…? pic.twitter.com/K4KUA6qonV — Steven Strazza (@sstrazza) May 4, […]
Chart of the Day – Wednesday, April 10, 2024
$DXY Possible cup & handle continuation on daily scale. pic.twitter.com/V6KurBIhRS — Aksel Kibar, CMT (@TechCharts) April 10, 2024 🏆 Today’s Chart of the Day was shared by Aksel Kibar (@TechCharts). The US Dollar Index had its best day in over a year today, surging +1.04%. It blasted through resistance at $105, closing at its highest […]
Chart of the Day – Monday, March 18, 2024
Classic equilibrium point in the Dollar index….ya think it is waiting for something?! hmmmm pic.twitter.com/FmS8lfgSYN — Linda Raschke (@LindaRaschke) March 18, 2024 🏆 Today’s Chart of the Day was shared by Linda Raschke (@LindaRaschke). The US Dollar Index was a crucial chart in 2022, but little has been said about it since its peak in […]
Chart of the Day – Wednesday, October 11, 2023
$DXY My focus is on the horizontal support at 105.5 pic.twitter.com/uDsmx9q39y — Aksel Kibar, CMT (@TechCharts) October 11, 2023 Today’s Chart of the Day was shared by Aksel Kibar (@TechCharts). The US Dollar ($DXY) is on a 6-day losing streak, after snapping an 11-week winning streak last week. Stocks have caught a bid in reaction […]
Chart of the Day – Friday, September 29, 2023
For a few minutes this morning I wasn't so sure I'd get to post this chart today, but… Make it 11! 11 straight weeks of gains for the US Dollar Index. Next week we'll try to match the record set in 2014 pic.twitter.com/vedmAJzPfQ — Austin Harrison, CFA, CMT (@meanstoatrend) September 29, 2023 Today’s Chart of […]
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