2000 DOT-COM CRISIS
The dot-com crisis, also known as the "dot-com bubble" or "dot-com crash," was a period of economic turbulence that affected the technology and telecommunications sectors in the late 1990s and early 2000s. Here are some key points:
Euphoria Phase: In the 1990s, there was a boom in the technology and dot-com industry fueled by irrational...
Hello everyone!
There are many tools on the market to understand the general state of the economy or the company.
As a rule, indexes are responsible for this.
And today we will discuss the Dollar Index.
A little history
In 1973, the dollar Index (DXY) was invented and first introduced by JP Morgan.
Level 100 is the base value of the index. If the instrument...
John Murphy in his classic on "Intermarket Analysis" writes on the dollar gold negative correlation.
Here we compared DXY - Gold correlation on daily chart in regard towards 200 day average.
If you will take closer look, you will see that in case of divergences forming, it is dollar index that usually fails.
If gold breaks resistance (being in sharp uptrend...
