NewNewAnalysis

DXY Pivot Zone

Short
TVC:DXY   U.S. Dollar Index
$DXY Current price: $93.27 . Target price: $90.5 . Stop price: $93.52. Great that this is a strong long zone for equities and commodities. Much more comfort if $DXY is below $93.20,
but still highly likely just more risky at current price. If stop is taken out interest is cut to 0 in any play against the dollar. If this count is accurate I'd expect Gold/Silver + Tech to be biggest gainers. With 0 interest rates and on interest to raise them, a stim bill pass in very near future would make this count more likely. If no action is taken and economy recovers with no pullbacks that would most likely hurt the probability.

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