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$DXY at a crossroads ⚠️⚠️ A close below the square would be bearish for the dollar, yields, and oil — while bullish for $SPY. A close back above would confirm the W double-bottom, signaling the opposite outcome. The square notably expires on 5/15, aligning with the Xi summit and the appointment of the new Federal Reserve Chairman. The period into 5/15 will be important for this structure to take shape. This may be the most important chart in the world right now. Share & Subscribe, <>: $SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $USO
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