DXY made a 382 fib retracement from recent high. DXY currently on 4hour 50 period moving average. DXY stochastic on 4 hour graph is oversold.
Is this perhaps the end of a B leg and we are setting up for a C leg higher? Based on the CPI figures of yesterday, I would say that probability is for DXY going higher. This in turn might mean with probability that US stocks will fall back, after yesterday's volitile UP day.