PCY/DXY: NASDAQ100 Bull Run Coming SoonLook like exists a cycle between DXY index and Sovereign debt in emerging markets. I expect a price reaction in the main level of the ratio. Historically, price reactions in the main level corresponds with bottom and the begining of a new bull run in the NASDAQ100. This is supported with the Bearish Price Action formed in the DXY and other currencies like NZDCAD and EURUSD.
