DXY is sitting right on long term macro support trendline with one more lower support level @ around 99.99 also where the 200MA will be at. Once long term support breaks down there is a free air gap all the way down to 96.08. This outcome will be optimal for further upside growth and higher price levels for BTC/EURO/GOLD and other major indices as it shows money is flowing into those particular assets and out of the us dollar.
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you know something is seriously wrong with the DXY when cypher is printing out 3 bullish divergences in a row with 2 out of them also golden buy signals and they crash instead of reversing to the upside!
Komen:
Lets see if the dxy gets resistance at the moving average on the hourly
Komen:
still having trouble getting above the MA, money is about to flow into other major assets
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Euro about to have a 40 day trend reversal on the dxy only reasoning for dollar to spike is profit taking currently
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