DXY Bullish
Dollar is looking incredibly bullish.
This rhymes with my overall short outlook. Stocks look weak, commodities look weak, oil looks weak, cryptos are on the verge of total disaster. All very interesting (assuming it continues and heads deeper) considering where we are in the world. As far as the effect on the market - be careful, because if you fomo-ed long into stocks last week, a spike in the dollar is probably going to sting.
Kinda nauseating. Anyway I think this is a good place to maybe expect DXY to spike higher. We will monitor!
God bless!
This rhymes with my overall short outlook. Stocks look weak, commodities look weak, oil looks weak, cryptos are on the verge of total disaster. All very interesting (assuming it continues and heads deeper) considering where we are in the world. As far as the effect on the market - be careful, because if you fomo-ed long into stocks last week, a spike in the dollar is probably going to sting.
Kinda nauseating. Anyway I think this is a good place to maybe expect DXY to spike higher. We will monitor!
God bless!
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