U.S. Dollar IndexShort
DXY Short
There is a clear head and shoulders on the DXY weekly chart. We have already had our break of the neckline and retest of the neckline as resistance. Any bounces will lead to stocks taking a hit then when the DXY rolls over itself stocks will get a boost along with metals and cryptocurrencies.
With the Federal Reserve on a money printing spree to do anything to prop up the stock market and achieve their overall goal of becoming the lending and borrower of last resorts. This will allow them to create an astronomical amounts of debt and unlimited money printing. Anyone who thinks this isn't going on clearly lives under a rock.
With the Federal Reserve on a money printing spree to do anything to prop up the stock market and achieve their overall goal of becoming the lending and borrower of last resorts. This will allow them to create an astronomical amounts of debt and unlimited money printing. Anyone who thinks this isn't going on clearly lives under a rock.
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