My DXY updates
How does it work?
1. DXY is negatively correlated with spy and bitcoin.
Bitcoin goes 👆 + SPY 👆= DXY 👇
Vix 👆 = Fear = Volatility = DXY👆 OR DXY 👇
I will publish the DXY here as a confluence for entering a trade on ES! and Bitcoin.
1. DXY is negatively correlated with spy and bitcoin.
Bitcoin goes 👆 + SPY 👆= DXY 👇
Vix 👆 = Fear = Volatility = DXY👆 OR DXY 👇
I will publish the DXY here as a confluence for entering a trade on ES! and Bitcoin.
Nota
I don't believe the scenario above will happen but possibility it is good.
ES! = I am bearish (Potential for short recovery)
Bitcoin = Bearish (Recovery possible)
Nota
it came faster than I thought
It will go up by the new york opening.
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