Hedge_Of_The_World

King Dollar Here, Where's Risk?

Long
TVC:DXY   U.S. Dollar Index
Our focus on the dollar today is based on the fact that for over a year the DXY has been forming a double bottom reversal pattern. Now that we're back near the recent high's, we're seeing the stars align for a major market correction, not necessarily off the back of a DXY breakout, but perhaps because of a major risk off move across the asset classes. I mean, the Fed did just say they're going to begin a taper schedule as early as this year. If that doesn't spook markets, I don't know what will. Power hour in 40 minutes...
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