scheplick

Everyone thinks the US Dollar will keep dropping but...

TVC:DXY   U.S. Dollar Index
I created this chart simply to ask a question: everyone thinks the US Dollar will keep dropping. That will enable gold and silver and crypto to continue its rise. But what if everyone is getting too excited too fast? Markets rarely are this easy and more often than not they surprise people to the other direction.

So I made this chart to simply start a conversation with you or just as a journal for myself. Maybe the Dollar won't dip so fast after all and maybe a lot of us have it wrong. If it turns, it will turn fast.

We will find out shortly and I am not going to jump on this trade any time soon. Instead I will be watching closely.

I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.

Twitter: twitter.com/scheplick
Blog: scheplick.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.