Dollar Index Testing Resistance

Today’s US Equity Market Commentary reviews the week commencing January 8, 2017. Indecision closing out 2016 in the Dollar Index indicates we could see a pullback to the downside in this market on the monthly time-frame. Time will tell if this market can break the 103 area where there seems to be some major resistance. View today’s video to get more market sentiment on this market and spot currencies.

Run time: 9:05 minutes

For more from Tamir including a big picture view of the US Dollar Index by looking at both the DX contract itself as well as US dollar major trading partners of GBP, EUR, JPY & CHF spot currencies, please visit ICE Market Commentary.

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