i recently talked about this 10 year trendline on dxy, and its importance in the global markets.
as of right now, both the usa and crypto markets are lining up for a major move to the upside - which leads me to the conclusion that dxy is going to be a leading catalyst for this.
i'm not a fundamental person, in fact i don't know anything about any of that stuff - just a man of the charts.
back in february i talked about a move up to 99 on dxy just based off chart formation, but it simply didn't have the momentum to reach my level - which is good for the bull case of our markets.
view that post via 👇
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i'm projecting a move down to about 86 by end of year on dxy - this should give all asset classes the boost they need for that final blow-off top mania phase that'll break the markets for many more years to come once it is completed.