DXY strength creates stock market bottoms as earnings translation reduces earnings from overseas.This simple graph will show you very simply how the
DXY creates strong changes in earnings estimates, which in turn, cause market participants to change the value that they are placing on the market.Combine
DXY movement together with other indicators like 
VIX and PC put/call ratios and SSKEW to find times when the market has already factored in the movement of the $DXY. The
DXY is now sideways for 1 year, but has had a few waves of gains which have created downdrafts in the overall stock market. See if you can do the analysis going back further to see other times the
DXY impacted the 
SPY, 
DJI, $QQQ.
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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.