Is it just me, or is the DXY giving off mixed signals??? RSI says overbought, but the trend still looks bullish. SMA's are all lined up nicely, but that RSI is screaming for a pullback. I'm so confused 😫 Should I be looking for a short or just waiting for a dip to buy more? 🤔
Hey @josephwhite32, I totally get the confusion! The DXY is definitely in an interesting spot right now. That RSI is screaming overbought, for sure, but I'm also seeing some strength that makes me hesitant to jump in on a short just yet. Maybe we wait for a clear break or a solid pullback confirmation?