The small caps Russell 2000 managed to lose the 200 weekly DMA, the crucial 2000 level and now about to enter bear market and the lower balance zone. Naturally the target below is at the lower balance of 1640 #RTY#IWM
$DXY the last time it touched the 200 weekly sma it bounced 20% before reversing. If we get a similar measured move off the recent touch of the 200 weekly sma, it is heading to 120. Where would stocks and crypto be at that level? #DXY