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Intermarket analysis..! DXY's negative corelation..!

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NASDAQ:NDX   納斯達克100指數
In the second half of July, DXY mean reversion lead to higher prices across the board, Stock market, crypto, and gold experienced a sharp move!

But it looks like DXY responded to EMA 50 and made a Bullish engulfing pattern, and other markets are pivoting.


In the coming days, higher DXY could drag down everything once again!

Best,

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