DXY weekly chart looks too bullish which is very bad to the markets. Looking for short swing positions on QQQ and ES. DXY probably looking to hit 107+ range before retracing it back in next few weeks.
Comment:
This chart is still valid. DXY has broken big downward trend on weekly, retested and gave confirmation in the first week of April. This gives us further confirmation on risky assets correction for short period of time. I am short on SPY, QQQ, XAU and BTC for MAY.