DXY ,Metals ,Gold,Silver ,Emerging Market Equities
DXY is breaking! CMP 100.52
DXY is near 40 months moving average which is currently at 100.06 .
DXY Monthly Chart (green line is the 40 MMA)
It might take support here for few days and weeks .
Once the level of 100 is broken on monthly closing basis - then all hell will break loose .
That would be a signal for good times in metals , precious commodities and emerging market equities .
We’ve all seen the inital signs of bullishnees in all of the above mentioned asset-classes.
So have patience - stars are aligning for Nifty moving to 35000 in coming months
19900 is the key initial levels to watchout for.
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