DXY also known as the dollar index just hit its lowest support. From here on, expect the dollar to rise and increase in value long term. The dollar will be more expensive to borrow which results in institutions borrowing less, which ultimately results in less capital flowing into the markets.
>>527352517Okay explain this like I am retarded (I am retarded)
>>527352824He doesn't explain that it can fall to 90
>>527352824Take your money out of the bank.
>>527353142Dont listen to this nigger. Turn your money into something else. Metals index funds bitcoin and then hold.
Technical analysis is retarded. Markets move on newsIf you just threw out the lines and picked your stock you would see the same amount of success Simple oversold/overbought patterns not withstanding
>>527353311Shitcoin is the worst advice
>>527353392>the linesYou have no clue. These ”lines” are how institutions and whales control the price. You should try educating yourself.
>>527352517No the dollar is being dumped because no one trusts the US government is going to let the Fed be independent. Foreign countries are dumping US treasuries and swapping to their own currencies. Go look at yields. This is why the Fed did not lower rates in Wednesday.
>>527352517>DXYoh boy it's trading at 10% discount from its all-time-high in 1985. GREAT IDEA
>>527352517/pol/ is the dumbest board on 4chanjust stfu about economy
>>527352517Yup. Sold my gold and silver stack almost at the top. Give me the greenback, baby. Fuck euro
