U.S. Dollar IndexShort
DXY Short
The Federal Reserve will continue to create more money and debt out of thin air to "stimulate" the economy that is past saving. The economy is in a worse place then it was in 2008 when you look at the money velocity. This massive drop in the DXY will result in a massive move up in stocks, metals, and cryptocurrency.
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.
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.
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