Bullish DXY dictating global markets
Several bullish indicators on the DXY chart make me fairly confident that other assets will see negative pressure
MACD bullish divergence on the daily and weekly chart, as well as monthly macd about to cross up.
Bull flag forming
DXY has historically been very correlated with BTC (inverse correlation)
Several fundamental factors indicate my suspicion: FED reps selling stocks, US due for currency strengthening to compete in economic tug of war with China.
MACD bullish divergence on the daily and weekly chart, as well as monthly macd about to cross up.
Bull flag forming
DXY has historically been very correlated with BTC (inverse correlation)
Several fundamental factors indicate my suspicion: FED reps selling stocks, US due for currency strengthening to compete in economic tug of war with China.
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