DXY : critical assessmentU.S. Dollar Currency IndexTVC:DXYi_am_siewWhat happened yesterday is causing huge movements. Simply put, bond yields are moving up, and there is no way either the UST or the Fed can do anything about it. The thing that got to give now is the $. It needs to compensate. I am not sure how much the $ needs to fall to make dollar assets more attractive so people will buy. But then, if $ keeps falling, who would want to own $ assets!!! Let's look at this beautiful trendline since 2008 - so far, it indicates that the DXY is on an uptrend. And I can tell you that there is a HUGE probability price will fall BELOW that line very soon. If you want to know why, wait for the next idea. Good luck.