Structure on the DXY
If we have a low in for the dollar, at least temporarily, we could have a leading diagonal off the low. Should be interesting to see how it plays out over the next couple months. We know there will be lots more printing, and its hard to see how the dollar milkshake theory can play out, but the moment we see the dxy rising while BTC and Gold/Commodities are rising we know the real inflation is kicking in and a new phase(maybe the end game) has begun in my opinion. The consistently un considered point in the whole equation is the exponential growth of technology.
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.