The Most Important Chart In The World Right Now: US Dollar Index (DXY)



DXY US Dollar Index 90.67 

Technical Perspective - I believe this is the most important chart in the world right now. US Dollar Index (DXY) 90.67 - The technical setup reminiscent of the period 1981/1982 & 1998/1999 where multi-month weakness within an upward channel was followed by a sharp reversal & squeeze. 

As I mentioned in my weekly note: caution if you're too short the USD. 

Treasury Chief-elect J Yellen being pressed to back a strong US Dollar. 

Monthly Chart




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