Sorry for the phone chart
Just wanted to get this out there. So with the DJI hovering at critical levels and all markets in a crucial phase, if this DXY keeps dropping as it seems it will break the most important resistance line in the 90 year plus history of usd. This is what i was preparing for but the double bottom potentially ON the support made me nervous. However you cant deny we have printed 40% of all usd in 1 1/2 years and are entering bad inflation. As we had this HUGE crypto drop it makes me thing we might enter the next parabolic phase but we will have to see how the DJI and DXY play out. Just know if we break this line... all markets will soar and they will pump the shit out of everything to save the dying dollar. Keep your eyes peeled on the DXY and DJI. Remember, BTC AND DXY ARE INVERSELY CORRELATED FOR ALL CYCLES. As well on small timeframes (not 100%) it is also heavily inverser with crypto on smaller time frames, but not nearly as perfect as the last 3 bull cycles all saw the DXY tank down; and then btc enters bear market and dxy roars up. GL trading. Be safe. Never trade what you cant afford to lose.
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