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mitsandwits

DXY long-term outlook

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I think it's a fight between higher timeframe TA vs lower timeframe TA. Do I have to say my favorite?

I believe DXY is long-term bullish. Everything on the chart. This doesn't necesarily mean DXY pumps in 2024. It might lag. But this is not a bad chart.

Dollar is dying? How about others dying before?
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Actually chart suggests lag imo. Maybe late 2024.
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This is also my bias about risk markets. Retail is coming back to risk imo. Rallies don't end the moment they come. Rallies start to show exhaustion when they come. So ride some of 2024. Then full-blown bear market.
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I mean of course they come now. It never fails.

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