50 years of $DXY. Inflation peaks historically correlated to local DXY lows.
Now we have DXY in 2022 at a 30 year resistance, presenting bearish divergence on momentum, semantics are questionable on a good day.. Things could get very spicy soon. Of course I watch this because of it's inverse correlation to Bitcoin.. and this is a big part of why I believe we could have one final rally in the markets before a possible recession sets in.
Now we have DXY in 2022 at a 30 year resistance, presenting bearish divergence on momentum, semantics are questionable on a good day.. Things could get very spicy soon. Of course I watch this because of it's inverse correlation to Bitcoin.. and this is a big part of why I believe we could have one final rally in the markets before a possible recession sets in.