Amazing how uninspiring the SXY chart is looking at the moment, the slow grind north has been undone in a matter of weeks. Still targeting 36c, the old resistance might now become the new support. But we are now sitting well below any meaningful moving averages (50, 100, 200). Seems to be very little interest after yesterdays ann. Can't even find any broker notes. A T/O wouldn't go astray right now... lol. I'll take 70c : D
SXY Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held