Diverging Markets Warn of Trend Reversals in Stocks and USD
The Dow Jones FXCM Dollar Index (Ticker:) low this week occurred right at the 2/22 high (former resistance becomes support). Bullish evidence includes a positively sloped 20 day average (and 20 day above 50 day average) and daily RSI bouncing off of 50. Bearish evidence is simply the fact that price...
FF News: Technical