$DXY performing worse but looking better than risk-on assets
Total market confluence pointing to big sell-off incoming for risk-on assets.
Please check my previous posts for
VIC
BTC
and
SPX
All markets overheating reaching bull-resume targets, price far extended beyond meaningful levels without the necessary volume to validate move.
DXY
had a b/o of bullish pennant with weeks of retracement to b/o levels.
If this proves to be a retest and validates previous b/o I expect nothing but slaughterhouse for risk-on assets.
It must be accompanied by some major news-trigger which I'm curious to learn what shall that be
Please check my previous posts for
VIC
BTC
and
SPX
All markets overheating reaching bull-resume targets, price far extended beyond meaningful levels without the necessary volume to validate move.
DXY
had a b/o of bullish pennant with weeks of retracement to b/o levels. If this proves to be a retest and validates previous b/o I expect nothing but slaughterhouse for risk-on assets.
It must be accompanied by some major news-trigger which I'm curious to learn what shall that be