Because we now have a good old DXY ticker in TradingView, I decided to update its labelling and present this to you for your viewing pleasure. In 2008 we started a flat correction setup, currently running its purple (C) wave, completing wave (3) within it.
Still a couple of weeks to go before a massive weakening in the dollar starts. Until then, more weakness in commodities and in the related currencies and more sell-off in SPX.
Still a couple of weeks to go before a massive weakening in the dollar starts. Until then, more weakness in commodities and in the related currencies and more sell-off in SPX.
