This is the long-term DXY chart with periods of rising (orange rectangles) and falling/stagnating (blue rectangles) USD plotted against SPX . I wanted to visualize how they overlap and whether there are any clear parallels in major phases of the market. One could argue for a number of ways how USD strength affects stock market or even vice versa, my main interest was to doublecheck whether the chart supports viewing the US Dollar strength/weakness as a general indicator of the state of liquidity in the global system.
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.