U.S. Dollar Index
Short
Updated

DXY next couple of days

129
the weekly and month look suspicious.
i will be watching this on the daily timeframse over the coming days for the dollar.

personally i dont believe for a that this rally is legitimate and sustainable for future prospects (given the nature of the real world and its current year assessment)


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Note
have made a channel with the midway poin of the local high DXY had in march. curious if we get a lower high rally off this price action currently, then moving back down, and the firesale ends across cryptos.
Trade closed: target reached
DXY has now begun what i believe is the final curve of a triple top / double top structure. hedge asset classes / commodities should bounce sooner than later.

i expect crude to accelerate to 120-100$/barrel faster than expected; new tensions seem to be manifesting between iran / venezuala. Might be future conflict in south america requiring boots on ground in a cuban missile crisis 2.0; possibilty of intervension is high.

also the CCP is being contracted for environmental protectionism (see article only china can end brazil's climate crisis -- tl;dr seems like a good reason to disguise troop movements as well.)
Note
Today's fearmongering selloff: doubtful it lasts, market going much higher.

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