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$DXY is back in the box that has mattered since 2015. 99–101 has been make-or-break for every dollar regime on this weekly chart. It is there again. My base case is still bearish here, but I have to acknowledge the bullish slingshot possibility here. Invalidation of that slingshot still sits down 97.3. Until the bears recaptures that low, this breakdown can just be a LTF flat inside a larger long setup. Slingshot invalidation: weekly drop below 97.3 Bears have to follow through the impulse wave that started from 101.5. If they cannot, they are the ones who get trapped — not the bulls who bought the zone. Does 99–101 hold and squeeze risk assets, or does DXY lose 97.3 and hand the bid to gold, BTC, and alts? @wallstnomads

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