DOLLAR INDEX - REVERSAL FRACTAL SIGNAL? | FALLING WEDGE

9 thg 12, 2020

• Dollar Index has taken a large hit due to the massive level of inflation experienced this year due to monetary covid response.
  
• 23.6% of all US dollars in circulation have been printed in the last year alone.
  
• Since DXY has crashed and sold off deeply, a sharp reversal may be imminent.
  
• At the minimum there could be a sharp move up and whether it sustains and pushes even higher is another question.
  
• As a result, I will, at the least, be observing this falling wedge breakout during Q1 of 2021 as it has the potential to massively impact the financial markets and other positions to come.