Sector Spotlight: USD Index Resting on Major Support
In this episode of StockCharts TV’s Sector Spotlight, on this first Tuesday of the month, I address the trends for asset classes and sectors on the monthly charts. There is no clear trend for “the market” — only one sector is in an uptrend, while five are in downtrends and five are more sideways. The USD index has reached a crucial support level, as long as that holds a renewed period of USD strength may be in the making.
This video was originally broadcast on December 6, 2022. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.
Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.