The dependence between the dollar index and the high risk assets
In the following chart you can see the dependence between the dollar index, the crypto market cap, and the oldest weed stock ETF
Below them is the market cycles indicator which measures the overheating of the US economy.
We can see that when the DXY is in fundamentally downtrend condition, the economy is in good fundamental condition and the indicator is showing us buying opportunities marking green investment area, the crypto market is booming.
Read the full article here: rodopacapital.com/weed-stocks/
Below them is the market cycles indicator which measures the overheating of the US economy.
We can see that when the DXY is in fundamentally downtrend condition, the economy is in good fundamental condition and the indicator is showing us buying opportunities marking green investment area, the crypto market is booming.
Read the full article here: rodopacapital.com/weed-stocks/
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.