For more than a decade, one trendline on the chart has quietly shaped global markets. That line sits near 98 on the chart for the U.S. Dollar Index (DXY) — and right now, the dollar is testing this critical line in the sand again.
During a recent Market on Close livestream, Senior Market Strategist John Rowland, CMT, flagged this technical test as a potential inflection point. Not because the dollar has broken yet — but because what happens next could ripple across markets, from precious metals and equities, to commodities and even crypto.
