There are 3 pockets of sell side liquidity right below us, which are ready to be raided! Short term : ICEUS:DX1! will head lower in search of liquidity Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided.
Also, lower DXY means higher S&P in the short term, lower in the long term.
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This week it's going to be very volatile for DXY as Fed chair Powell has many public appearances - prnt.sc/ukw31s