New_Levels
THE DOLLAR IS BACKED BY WHAT? OIL? WHERE DID WE SEE OIL PRICE JUST A FEW WEEKS AGO? THEY WERE LITERALLY PAYING PEOPLE TO COME TAKE THEIR OIL. 😄 IS THIS THE END OF FIAT CURRENCY? USHER IN THE NEW AGE OF DIGITAL DOLLARS? WHAT IS CURRENTLY HOLDING UP THE DOLLAR'S VALUE RIGHT NOW? IS IT THE PEOPLE'S BELIEF? IS IT OIL? #OIL@-44. 🤣🤣🤣 BRING BACK THE GOLD STANDARD, METALS...
THIS CHART IS THE EXACT INVERSE OF THE DXY, THIS WEEKS SWING HAS A LOT OF VOLUME AND MOMENTUM TO THE UPSIDE, WITH A WEAK USD AND THE RECENT LOWER INTEREST RATES INVESTORS ARE RUNNING TO SAFER ASSETS, AND IT SO SEEMS THAT THE EURO IS NO LONGER APART OF THE UNION LEAVES ONE TO THINK IF THAT IS WHY INVESTORS ARE NOW PUMPING MONEY INTO THIS PARTICULAR ASSET, (BYE BYE JPY).
NEWS IS THAT EXCUSE TO MOVE THE MARKETS. WE'VE SEEN A BULLISH MARKET FROM 2014-2015 AND A VERY LONG PERIOD OF SIDES WAYS MOVEMENT (ACCUMULATING). THE FAKE OUT TO THE UPSIDE CAPTURED LIQUIDITY (POCKETS OF MONEY) THEN EXPANDED TO THE DOWNSIDE, WHERE YOU SEE ANOTHER CAPTURE OF LIQUIDITY. ON THE BROADER PERSPECTIVE, THIS WAS JUST A MOVE TO TAKE THAT ENERGY AND REVISIT...