Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

All Eyes on the US Dollar Heading into Job Report Catalyst

The end of the quarter leaves the Dollar at levels last seen in mid-Oct 2015, but more relevant, is that the price structure is pressing into a key support zone between 94.30 and 92.60, which if penetrated, will argue that The Dollar Index (DXY) has completed a 12-14 month Top Formation.

Such a set-up will trigger a medium-term, downside projection into the 88.00 target zone, and will remove stiff head winds from the dollar-denominated commodity space.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!