DXY Ready to Eat the Stock Market?

U.S. Dollar Currency IndexTVC

Description

⋅ Dec 15, 2022 1:29 AM

This level has been seen since the 1980s off and on, rarely crossed.

Are we poised for another break or crossing?

When the DXY grows strong, we often see stocks start to weaken. All that selling happens and it goes into USD.

Comment

⋅ Dec 30, 2022 3:54 AM

I guess DXY And SPY are no longer connected like they had been this year.