DXY is starting to turn bullish!

DXY or the Dollar Index is a measurer of strength in the USD and is weighted against currencies like the pound and the Yen. DXY is currently in the downward wedge with a triangulation wedge too, which could mean a breakout is going to happen. There is also a correlation of stocks and the DXY as when stocks rise, the DXY drops and when stocks fall, the DXY rises. This could mean strength is starting to pick up as this could mean that stocks could fall. Just a suggestion. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading and investing!