DXY mounting evidence of a major high [Video]

Dale J Pinkert Independent Analyst

Coach Dale reviews mounting evidence of a major top in DXY, highlighting last week’s lower high and failed rally. He discusses trade selection, noting that while EURUSD made a marginal new low, USDCHF remained well below its prior highs. Dale also explains why he expects today’s stock rally to be short-lived and examines the 10-year Treasury yield, which he believes is completing its first wave lower before a potential bounce toward 5.10%.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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