USDx About to RIP. Goodbye Metals+Crypto+Nasdaq

Long

U.S. Dollar Index (TVC:DXY)

Updated

TVC:DXY U.S. Dollar Index

trendanalysis chartpattern indicator dxy usd usdx btcusd qqq gld

The DXY has put in a weekly TD9, and a massive divergence across daily to 5 day timeframes. Whether we dip marginally lower to 90.50 first, I don't know. But the US dollar index is about to be king again. Expect a 3+ point move within days.

Comment:

Moving well so far. Over 94.20~ and I think we can really move. We could get a stimulus package that could send it back down, but I am still leaning bullish

White Lake Investment

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