Video: Dollar Rally Failing to Materialize, Dow Extends Rally to 10th Day

Talking Points:

• The Dollar Index's abrupt rally this past Friday was long overdue, but its presence hasn't secured conviction and momentum
• A contrast in speculative conviction is arising between the Dow's 10th straight daily advance and the VIX's meander at 10
• Themes continue to smolder; meanwhile targeted volatility from Bitcoin, Yen and Swiss crosses and some majors fit reality

Both the EUR/USD and S&P 500 have stalled and threaten reversal. What has this remarkable progress meant in terms of speculators' trading? See the IG positioning data on the DailyFX Sentiment page.  (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



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