US DOLLAR DOUBLE BOTTOM JUST CONFIRMED!US Dollar Index® Futures (Dec 2025)ICEUS_DLY:DXZ2025TradeTheIndexHey Traders so looking at US Dollar the charts just confirmed imo a strong double bottom formation! Markets are crazy just last week I said it looked like the dollar had bottomed but then with Gold Rally and Euro Rally I got confused but yet the charts don't lie look even as Gold rally continued The Dollar still contined to rally the market is trying to tell us something here? Lesson learned don't let your emotions control you trust the charts instead if I had a sharper eye I would have seen that although the dollar was selling off it never broke below support at 95.69. That is all that matters forget about how it moved up and down it broke resistance and pulled back but never broke below support! 🚨 Of course we live and learn next time I will watch support and resistance more closely. Ok so now where are we in this market? The fact is now that the Dollar has broken above resistance TWICE again at 98.23 there is no doubt that it has now confirmed a new double bottom formation! That means for those who are new to trading lower US Dollar higher commodity prices but Higher US Dollar lower commodity prices. So watch for Euro to sell off and probably Gold too! So Scenarios for today are... Bullish- Yes 100% bullish do not ignore a double break above resistance that is a STRONG signal that the market wants to move higher vs lower! I would say buy on pullback and try to find a good level for your stop. Or go back to selling things against US dollar like currencies against Dollar like Euro, Pound, Cad, Gold, Oil, Bitcoin etc.... Bearish- Not at this time no way too much confirmation for me that market should rally on pullbacks. I don't have any bearish US Dollar ideas at the moment charts too strong for Bulls. Commitment of Traders- Very interesting they are massively short by 10,000 contracts! What happens when markets get overcrowded shorts they get squeezed! That means that a short squeeze is probably coming if not already taking place. It's pain full but basically if too many are short then when the buyers step back in the market rally happens but then the shorts can take the losses so they have to buy to get out this can cause rapid markets moves or catipults in the opposite direction. Bottom line market is still very oversold and until positioning goes back to nuetral this report is bullish! Good Luck & Always use Risk Management! (Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.) Hope This Helps Your Trading 😃 Clifford RISK DISCLOSURE TRADING IN THE FUTURES AND FOREX MARKET INVOLVES SIGNIFICANT RISK. ALWAYS CONSULT A FINANCIAL ADVISOR AS HIGH RISK ASSET CLASSES MAY NOT BE SUITABLE FOR ALL INVESTORS. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY ASSETS. ALL IDEAS ARE MADE FOR EDUCATIONAL PURPOSES. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.