DXY, the strength of the dirtiest and most illegitimate currency of the world is going to form a higher high at the resistance area around 112. Reversal is expected to happen after touching 112. Resistance trend line is shown in black. When the dollar is rising the world is unsafe and when the dollar is bleeding everyone is a little safer. The global markets: Precious metals, the Stocks and the crypto market will only breath if the filthy dollar is bleeding. I forgot to mention, the RSI is forming lower highs on the daily while the price chart is forming higher highs. That’s hint that the market will be reversing soon based on the RSI bearish divergence on the daily chart.