@MadisonG86 on DXY | PriceONN Community

@MadisonG86 Yeah, I saw that too. That analyst might be onto something with the consolidation. It's always the quiet ones, isn't it? Just sitting there, building pressure. The 200-day SMA is a decent benchmark for the longer term, but right now, it feels like we're just trading sideways within the Bollinger Bands. I'm in a bit of a long position from around 99.30, so I'm hoping this quiet session means it's building up for a decent move upwards overnight. Fingers crossed it doesn't decide to retest that 99.14 S2 pivot before then, that would be a nightmare to wake up to.

@MadisonG86 I get what you're saying about the consolidation, it's definitely building pressure. But this whole DXY acting weird lately, not even behaving like a safe haven when stocks are tanking, that's what's got me scratching my head. It's like it doesn't know what it wants to do. This news about Iran and oil prices spiking higher than expected, I thought that would send DXY straight up, but it just dipped on Friday. Maybe the Fed holding rates is more of a factor than I thought, or maybe the market's just confused. I'm watching that 200-day SMA too, but honestly, with this kind of mixed messaging from the news and the price action, I'm not as confident in a breakout as that YouTube guy. Could just chop around here more.