US Dollar Index: Further Strength I.e. Continuation of Short Term Rebound Since Previous Alert/Note

Research Notes For 28 July to 01 August > https://www.unum.capital/post/r2801august

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Previous Post (01 July): US Dollar Index: Extended To The Downside vs 200-Day SMA + Approaching Oversold Monthly & Weekly Time Frames

The chart considers the distance of the index vs it's 200-day SMA. At current levels the index is close 7% below it's 200-day, a distance (%) that has previously coincided with either the start of a consolidation phase, or a rebound.

Multi-Time Frame Regime Snapshot

S&P 500 Index vs US Dollar Index

Lester Davids

Senior Investment Analyst: Unum Capital