LParnell

DXY Daily Trading Journal Analysis

TVC:DXY   U.S. Dollar Index
DXY Daily Trading Journal Analysis

Jan 2024 price changed market to a bull bias. Price weaved between premium and discount as it did seek higher prices.

April 12 price ran to the noted daily SIBI from Nov 2023 to rebalance April 12. Price continued to gravitated to the November 2023 GAP/SIBI this past week.

Considering that since January 2024 price has been seeking higher prices will it gravitate to the Monthly SIBI from Nov 2022 sweeping the buy stop liquidity or are we shifting the institutional flow to bear conditions?
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