Subject: Re: A change in market direction
We must be looking at different things. DXY did fall on Friday and Monday with a low of 102.2 and recovered a little by the end of the day. However, back in early 2021 it was as low as 90. What index were you looking at?
Ummmm....I looked at the right index but read the chart incorrectly. I counted the vertical lines which I thought were annual, but were each 6 months, oops!
So it's within spitting distance of the 2.5 year lows, not five year. What can I say? It was a hectic day : )
Jim