SforShiraz

16 YR OLD ASCENDING CHANNEL

TVC:DXY   U.S. Dollar Index
I was playing with DXY chart and noticed a nice ascending channel that has been going on for almost 16 years. given the fact S&P 500 has broken ATH resistance level and BTC in a bull market i expect DXY to fall until early 2025, but if somehow BTC and S&P 500 form a bearish reversal, i would expect DXY to touch the upper trendline. if DXY falls to the lower trendline of the channel, it would be very interesting to see if the index holds or falls below the channel. after all, the dollar is controlled by the greatest terrorist organization on the planet called the U.S. government, so a weakening dollar means the fall of the greatest terrorist empire on the planet, which means the U.S. is gonna start multiple endless wars and carry out numerous terrorist attacks across the globe to hold on to its decaying power.
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