makuchaku

USDOLLAR / DXY (monthly) : Faking below yearly low?

Long
ICEUS:DX1!   U.S. Dollar Index Futures
30 yr yield is already making lower lows since March 2019 (signaling risk). Shouldn't DXY be negatively correlated to it?
DXY has recently dipped below a yearly low to collect liquidity. It's also an exit for trapped sellers from Jan 2018 low (blue box).
Watch out for a rally on monthly charts for DXY!

DXY up => risk OFF => Crash in stock market.

Let's see how this plays out.
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