DXY is being taken to the cleaners. China is making a move on DOLLAR.
Dollar In Serious Trouble vs Asia
Started by
linrom1
, Jan 13 2023 10:28 AM
1 reply to this topic
#2
Posted 15 January 2023 - 07:13 PM
Yes it definitely getting close to limit of targets i have for dollar drop and needs paying close attention - I still see on my model USD 99 to 101 as weekly bottoming area next few weeks but
it MUST bottom there, or something BIG is happening ... end of $ hedgemony and as u say China and likely others making move to sell $.
for now this is helping stocks - though not as much as it should ..which is bearish longer term ... but I think if dollar broke through 99 area then
that correlation will reverse and stocks /bonds start to sell with falling dollar.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email
https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB