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If you look at this chart & you don't think the $9600 USD cme gap will get filled you're LYING to yourself.
in comparison to March 2020 ~ we've only seen a drop of $2,697 USD
In March the total drop was $6659 USD total. This means we've only dropped about 33% of the total amount previously seen in March of 2020.
Open interest: on Sept 5th we broke a 6 month long uptrend (trend-line) that brought us from $3858 to $12472.
If the yearly top has been priced in, and knowing we've broken below the trend-line (support is broken) ~ i wouldn't be surprised if this move isn't over.
DXY / 
USD
About to send it ~ the road to $0.94
BTC should see a slow decrease in price to trap longs, followed by a more fast paced drop once DXY really takes off. if this plays out 
SPX will push downwards in price, holding $3350 as a resistance.
If you look at this chart & you don't think the $9600 USD cme gap will get filled you're LYING to yourself.
in comparison to March 2020 ~ we've only seen a drop of $2,697 USD
In March the total drop was $6659 USD total. This means we've only dropped about 33% of the total amount previously seen in March of 2020.
Open interest: on Sept 5th we broke a 6 month long uptrend (trend-line) that brought us from $3858 to $12472.
If the yearly top has been priced in, and knowing we've broken below the trend-line (support is broken) ~ i wouldn't be surprised if this move isn't over.
DXY / USDAbout to send it ~ the road to $0.94
BTC should see a slow decrease in price to trap longs, followed by a more fast paced drop once DXY really takes off. if this plays out SPX will push downwards in price, holding $3350 as a resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.