The dollar: backtesting a broken falling wedge, or setting up a fall from a rising wedge? Tough call…
Looks like equities have a little downside in them this morning before resuming the climb. I’ll go short on the opening, but will look for a reversal around 1703.75. If that doesn’t hold, 1698-1702 is the next support.
UPDATE: 9:50 AM
SPX just reached the purple midline, so I’ll try going long here at 1700.78. I’ll give it a little leeway on the stops — 1698ish.
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