Prior Idea Confirmed: DXY will Run to 105-110
As previously noted, the US dollar will commence its run to at-least 105, with a possible over-extension to 110.
The importance of this is that equities will be unable to have a meaningful and sustained rally, Gold and Silver will fall and Crude will likely fall to 15 which will create a circular schematic of pain around the market.
The timing of the end of this run in the US dollar will likely be towards the end of May to early June.
Predictions
- SPX: 1865 (lower is possible but only if US virus cases fail to subside as April progresses)
- Gold: 1360-1390
- Silver: 9.5-10
- Crude: 15
- zSplit
The importance of this is that equities will be unable to have a meaningful and sustained rally, Gold and Silver will fall and Crude will likely fall to 15 which will create a circular schematic of pain around the market.
The timing of the end of this run in the US dollar will likely be towards the end of May to early June.
Predictions
- SPX: 1865 (lower is possible but only if US virus cases fail to subside as April progresses)
- Gold: 1360-1390
- Silver: 9.5-10
- Crude: 15
- zSplit
