Индекс Nasdaq 100
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Intermarket analysis..! DXY's negative corelation..!

In the second half of July, DXY mean reversion lead to higher prices across the board, Stock market, crypto, and gold experienced a sharp move!

But it looks like DXY responded to EMA 50 and made a Bullish engulfing pattern, and other markets are pivoting.

снимок

In the coming days, higher DXY could drag down everything once again!

Best,
Beyond Technical AnalysisFundamental AnalysismoshkelgoshaTrend Analysis

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