Hi Trades,
How does this "logic" sit with you ???
It is purely "hypothetical - what if", but it does seem to make some sense.

My take on fiscal cliff news is that negative news/lack of progress tends to drive Dx down.
Dx has essentially been declining for the last 9 trading days.

I do not think the "powers that be" are going to allow that to happen. But there is a healthy 3 weeks for the politics to play out. In the meantime Dx may fall considerably more, maybe to the low of 10/17 to pick a number !!

Also Trades, you had previously mentioned the "seasonal tendency" for Dx to fall off through December, which is "another oar in the soup" !!

I do like to trade Dx, while paying close attention to the Euro (often leads a bit). So for the "near term" I think there will be "day trading" shorting opportunities, possibly right on up to Christmas ???

Dx is now below both the ema 50 and 20 with both the Rsi 21 and Macd turning down.

Would be interested in your current chart/thoughts !!
Hope all is going well,
Thanks, Lee