DXY Tops 2 Months Before 9/11 And Other Oddities

in #dollar6 years ago

2018-06-10 (9).png

I loaded the U.S. Dollar Index (DXY) and from a monthly chart one can tell there are some strikingly odd characteristics in the last 20+ years.

First, right of the mark, the market high of the last 30 years just so correlated with the terrorist attach of 2001. that's odd. Not afterward...No! Two months, 9 days before.

Prior to that, I've noted that bull run that ended in 2001 began during Clinton's administration. The Bear market that began in 2001 ended ten months before Obama took office.

Finally, from 3/3/2008, the DXY has been heading upward. It hasn't crossed the top of 7/2/2001 but what is noticeable is that less than 3 weeks prior to Trump taking office in January, 2017, this market has headed downward.

Remember, I'm not promoting politics nor do I trade the DXY. This is just an observation and if you have any ideas or knowledge why the market has reacted this way please do share.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63402.76
ETH 2554.52
USDT 1.00
SBD 2.66