What does 0.29 at the bottom mean?$DXY is approaching monthly long term resistance turned to support (?):-
View attachment 301577
Part of TD Sequential13 (SetUp in this case) which compares current SetUp range, in same direction with previous one. So that SetUp's range was only 29% of the previous SetUp range.What does 0.29 at the bottom mean?
Got a TD Seq13 on 4 minute, a 5 minute one completed way back @ 1145am EDT and 9 minute is @ Seq11An Inverted Head & Shoulders forming on the 5 minute. Not sure if that's how the market views the 0.5 bps rate cut. But we'll see.
