The dollar index remains high...for the moment

The dollar index remains high, and this is natural in the current situation - especially after the deepening crisis in Europe.

On the chart, I emphasize that it seems quite likely that DXY will even reach the record levels from 2000-2002. It is very likely that it will remain high for the next year - year and a half, despite many predicting its collapse.

The moment when the big money will start to actively enter the markets again will probably be when the DXY goes below 107 (yellow line ) and we have a confirmed downtrend. / reference 2000-2003/