@aimone So, is it a successful test of a support, a bottom, with the long lower shadow (s) / hammer, coming back from the grave, or, a decisive break of support? Do we need to wait for EOD, as the "day" has just started?
I couldn't see any view expressed regarding your link, and different people can draw different conclusions from charts {see below}
Thanks
"("Even though there are standards, many times two technicians will look at the same chart and paint two different scenarios or see different patterns. Both will be able to come up with logical support and resistance levels as well as key breaks to justify their position. While this can be frustrating, it should be pointed out that technical analysis is more like an art than a science, somewhat like economics. Is the cup half-empty or half-full? It is in the eye of the beholder.?)
What does your eye see?
DXY - DAILY (real time)
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