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TFC Commodity Trading Forum

Long Term U.S.$ Index Chart Bullish *LINK*

Here is a Stockcharts chart of the U.S.$ Index going back 15 years. Note the last 18 months bullish inverse H&S breakout over 81.50. Overall this chart has much more upside potential with next resistance much higher than present price. Looks like a well established bottom and solid base technically. Not a good sign for inverse markets ahead. Unfortunately with such a low number a slight change either way DX has dramatic effects both up and down for inverse markets so makes it tough to trade using DX as a guide. See link bottom left.