Yikes for anyone short USD.
Everytime $DXY was this oversold and outside of the bollinger band it bounced violently. Take cover! pic.twitter.com/etXmwj9lMu
— Hoz ギンコ (@GinkoHoz) December 6, 2020
My thoughts:
In 1929 FED raised the rates to limit speculation in the markets and the economy ended up in a depression. In 2020 they lowered the rates and speculation went through the roof. To limit this speculation they withhold the stimulus package until the markets corrects. pic.twitter.com/mUTEN0oyvB— Hoz ギンコ (@GinkoHoz) December 6, 2020
The Dollar is Crashing!
And yes I'm still #DollarBullish.https://t.co/A47ipqw9mX— Steven Van Metre (@MetreSteven) December 4, 2020
I really feel sorry for anyone short USD right now.https://t.co/6xL5Wz2t7L
Read my weekly report where I cover Gold, Silver, Bitcoin and DXY. pic.twitter.com/jvVMG5TG6G
— Hoz ギンコ (@GinkoHoz) December 6, 2020