The dollar index, with the breaking of the upward trend line and the complete hitting of the previous floor, as well as the downward diver, has the possibility of the dollar index falling by at least 50%.
Agreed. The lifting of the debt ceiling opens the door to $1.3 TRILLION in US Treasury T-bill sells beginning this week. This will cause capital flight from equities to purchase those bonds and S&P will crash. Long overdue major correction coming.
Buy gold.