The Long Investor
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$DXY
🕑 Added 2025-02-11 11:51:05 +0000 UTCVery clear rejection at the trend line at $109 and at the 0.618 Fib and we are seeing a retest of the 0.5 Fib at $107 now.
I think we lose this support level and there is a drop down to the 50 or 200 Day MA which are at $105 and $101, a drop down to these levels will push the market and crypto market higher....pending no surprises from CPI this week.
I think the market only has until the 200 Day MA at the very least before it can start going higher again....which will likely align with the markt completing Wave 5.
