Tradingmarato

$DXY chilling down after a while

TVC:DXY   U.S. Dollar Index
DXY has been going up for some time now and has been accumilating for the past 38 days or so. I think that we will go down first to cool off and hit 104.2 first. I am thinking that it will give some relief to some stocks as they go up if the dollar devalues because more money is being transferred from dollars to stocks or different things...

After 104.2 is hit i am thinking DXY is going to make its final move and do the unexpected of pumping to 109.2. This will mean for some stocks that they are going to tank hard execpt the stocks where people go as a safe haven like BTC, or GOLD.

Crypto will decouple itself from the dollar eventually because the dollar is printed too much.
They have done this printing for a while and it didnt matter because also the people that were born went up and population grew while they were printing the last 60 plus years.

BUT the big problem is that they are still printing the money but the society numbers are collapsing. Money is becoming worthless and it already is.

I would recommend going big into commodities since they have a certain quantity that is available.

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.