@angelajones20 on DXY | PriceONN Community
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Weekend thoughts on DXY... I closed my small long position on Friday afternoon, just to be safe. 😅 I don't want to wake up to a massive gap against me on Monday morning. Remember last year when DXY suddenly dropped after some surprise economic data? That stung. So, I'm sitting on the sidelines for now. I'm watching to see if it can break convincingly above that 99.30 level. If it does, I might consider adding a small position again. But honestly, the dollar weakening despite rising yields and falling stocks, as I saw mentioned somewhere, is a bit confusing. It's not acting like a typical safe haven right now. 🤔 I'll be spending most of Sunday reviewing my watchlist and trying to make sense of these mixed signals before the market opens. Gotta be patient, I guess!