ICT 2026 Forex & Futures Commentary \ February 17, 2026

Folks, welcome back. Just a quick little review here and I'm going to try to get myself back in sync with the foreign exchange markets. I haven't been watching them admittedly for a number of months now. So, today's February 17, 2026, and I'll just briefly take a peek at the daily charts with you here. Uh, this is the dollar index and you find that on Trading View by pulling up the TVC version of it and it's a mess as most of the markets are right now. The recent highs, you can see here we had these taken. This high was taken here and was aggressively sold off. took out that low. And it's at a time and place in price where I could argue either side. And I'd like to tell you when it's like that, I also give you like the gun to my head perspective. Like what do I think it's likely going to do next? Well, first of all, everybody's waiting on baited breath to see if we're going to be attacking Iran. Okay? I don't think we brought all that hardware over there to just, you know, show it off. So, I think that once that happens, once that goes hot, um once the missiles start flying back and forth, um then obviously that's going to bring some breath into the marketplace. It may not be a good thing, uh but it's going to hopefully break us out of this gridlock we've been in. So dollar index uh we came up into this inefficiency here to get to this breaker done in my head even though we have recently just taken that low here I'd like to see it revisit that low and then if that fails if we can get above this on a closing basis then I think that we'll probably want to revisit this. So it's kind of like a wait and see. I'm not trying to position with anything dollar-based. Uh I'm trying to get myself back in sync with it. So this is what I'm doing now. These are the ideas I'm holding to at the very moment. It's not something I can take a trade on. It's not something I'm suggesting that you should use for your own analysis for taking a trade on. It's just this is me getting in sync. Okay. So, these are the levels I'm watching and what I'm looking for as it pertains to inefficiencies by side, sell side, and the range that we're trading within. I favor presently another run lower, but if I'm proven wrong, then obviously, you know, we'll take another look at it.