PaulDeep19131

DXY: Currency Devaluation to Save the Stock Market Bubble

Short
TVC:DXY   U.S. Dollar Index
Geopolitical and monetary issues will cause a global recession and lead to currency decimation in attempt to overextend the stock market which will fail.

To prevent the stock market from losing 65% of its numerical value, the USD in this case, will likely be put at huge risk to save the stock market where it likely will only lose around 40% of its value.

Market Targets before end of 2022 --
Dow = 16,500 or less
SP = 1830 or less
NAS100 = 4815 or less

For more information on my thoughts on hedges like Gold and Silver, please visit my ideas in my profile.

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Key Targets: 96.74, 95.77, 80.19, 71.65 then eventually all time lows below 70 before the end of 2022. Bottoming will likely be in the 63-68 range.

As an aside, our current stock market is a massive bubble that people fail to realize since we are living in the bubble. Don't expect to see the SP at 3100 for example, until at-least 2025.

NOTE: The downwards movement is NOT going to be linear and down as shown. But the general trend is heavily down.


- zSplit
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