Double Top & Bearish Divergence - Coming Relief for Markets?
Double Top shown on Daily chart, also can be seen on Lower Time Frames.
Bearish Divergence shown on RSI.
Watch for break of Support Line marked on Chart RSI for confirmation and movement down on DXY US Dollar Index.
OR If RSI Breaks through resistance line invalidating Bearish and Confirming Failed Divergence Signal expect the DXY to rally higher...
If DXY corrects downwards from here it could mean some relief rallies for Markets...
Bearish Divergence shown on RSI.
Watch for break of Support Line marked on Chart RSI for confirmation and movement down on DXY US Dollar Index.
OR If RSI Breaks through resistance line invalidating Bearish and Confirming Failed Divergence Signal expect the DXY to rally higher...
If DXY corrects downwards from here it could mean some relief rallies for Markets...
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