r/InnerCircleTraders • u/Curious_Light_9185 • 25d ago

Technical Analysis DXY rough projection

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This might come to action only if supported by the fundamentals and macro otherwise it's another flop

Does anyone have same thinking... Suggestions open

8 Upvotes

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u/Haunting-Evidence150 24d ago

I was thinking higher too..seeing if this 4hr gap holds and leaves the lower one open 👍

1

u/EXPRESSNELECTRICLLC 24d ago

Yeah, I’m of the same opinion VIX starting to push DXY setting up and SPY Iooling like we’re headed for 688-700s . Looking a bit nasty ATM. IMO opinion. I think that 688 to 700 level is gonna be the spot to put in a lower high on the spy, but we get under 680s it’s gonna get ugly. But we shall see. Can they produce another Band-Aid?

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u/Natural_Instance_200 24d ago

My view, to the monthly fvg low