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>> No.53842277 [View]
File: 77 KB, 1491x819, dxyy.png [View same] [iqdb] [saucenao] [google]
53842277

Posted this in Decemeber about a DXY bounce around 103, some market turbulence threw us under there for a month but we're back on track now. I do fully expect DXY to retest the highs, and that'll be a great time to slurp some PMs for a trade (and stocks if they stay correlated).

>> No.53060533 [View]
File: 77 KB, 1491x819, dxyy.png [View same] [iqdb] [saucenao] [google]
53060533

>>53060484
103 has been the strongest multi-decade resistance. Every time we fully broke we didn't plummet back under without a bounce. 103 is absurdly strong support.

>> No.52979066 [View]
File: 77 KB, 1491x819, dxyy.png [View same] [iqdb] [saucenao] [google]
52979066

Today you will be reminded. DXY will hit 115 again and markets will find lows you never thought were possible.

>> No.52922266 [View]
File: 77 KB, 1491x819, dxyy.png [View same] [iqdb] [saucenao] [google]
52922266

Who here likes schizo multidecade TA?

>inflation crisis of the 80s started with DXY rallying to 115 (yellow dotted line)
>then crashed to 103 (2nd yellow dotted line)
>DXY followed this exact path this year

>DXY 103 has proven to be absurdly strong resistance over the years since the 80s (yellow arrows)
>charting 101: strong resistance = strong support
>you can even see this with DXY retesting 115 in the 80s (top most yellow arrow)
What does this mean? DXY has a very big probability of bouncing off 103ish. And as of last week, DXY wicked off 103.50 and shot directly back up. This along side some rough economic data is why stocks took a huge shit last week. We're not even at 105 yet, if we follow DXY in the 80's and retest 115 again in the next few months we'll not just see stocks make new lows, we'll start seeing credit events take place as leverage is forced to be flushed out of the system. Maybe not as drastic as 08 but the yield curve thinks it'll be worse so who the fuck knows?

>> No.52919448 [View]
File: 77 KB, 1491x819, dxyy.png [View same] [iqdb] [saucenao] [google]
52919448

Who here likes schizo multidecade TA?

>inflation crisis of the 80s started with DXY rallying to 115 (yellow dotted line)
>then crashed to 103 (2nd yellow dotted line)
>DXY followed this exact path this year

>DXY 103 has proven to be absurdly strong resistance over the years since the 80s (yellow arrows)
>charting 101: strong resistance = strong support
>you can even see this with DXY retesting 115 in the 80s (top most yellow arrow)
What does this mean? DXY has a very big probability of bouncing off 103ish. And as of last week, DXY wicked off 103.50 and shot directly back up. This along side some rough economic data is why stocks took a huge shit last week. We're not even at 105 yet, if we follow DXY in the 80's and retest 115 again in the next few months we'll not just see stocks make new lows, we'll start seeing credit events take place as leverage is forced to be flushed out of the system. Maybe not as drastic as 08 but the yield curve thinks it'll be worse so who the fuck knows?

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