cmerged

DXY Looking Bullish

TVC:DXY   미국 달러 인덱스
The DXY looks to have found its bottom, and is breaking out of an inverse head and shoulders-like structure. If this breaks to the upside, this can have major ramifications for equities, commodities and a lot of others things.
I would expect this to run around the same time the VIX is expected to finish retesting it's break out from a wedge.

Add on the fact that the vix expiration is on Feb 17th, add the lunar calendar and we are looking at a lot of moving pieces tacked on a flimsy market.
I'm being careful.

Just for shits and giggles, here's a fractal for the current crypto market vs. 2017-18

Here is my last prediction on the dxy, calling the top of the rally, breakdown and stock market continuation.

Note: A correction on a bull market doesn't invalidate the trend, pullbacks are normal. Now we just have to see how far things pull back if they do.

ES/DXY:
 

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