DXY Long
Chart with notes attached.
Please note from a macro perspective, my thoughts to support the chart read, includes:
1. that the recent relative strength in the dollar and the drop in yields tells me that the financial markets might be pressed for liquidity. #dollars trapped in the system as a result of QE? Disinflation over secular inflation? Two messages the market might be sending in subtle ways, whilst everyone remains seduced by #EQ_F
SPX 
DJI pushing all time highs.
2. To support this,
GOLD has been sensitive to moves in the #dollar and not the drop in yields, another sign of liquidity troubles perhaps. Other signals of a potential dash for cash include steep declines in bellwethers such as #lumber and #transport sector, eg, 
DTX 
XTN
Please note from a macro perspective, my thoughts to support the chart read, includes:
1. that the recent relative strength in the dollar and the drop in yields tells me that the financial markets might be pressed for liquidity. #dollars trapped in the system as a result of QE? Disinflation over secular inflation? Two messages the market might be sending in subtle ways, whilst everyone remains seduced by #EQ_F
SPX DJI pushing all time highs. 2. To support this,
GOLD has been sensitive to moves in the #dollar and not the drop in yields, another sign of liquidity troubles perhaps. Other signals of a potential dash for cash include steep declines in bellwethers such as #lumber and #transport sector, eg, DTX XTN
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.