MARKET BOTTOM PREDICTION!!! DXY & ES1! (MACRO ANALYSIS)

DESCRIPTION: In the chart above I have provided a MACRO ANALYSIS of DXY. And what should only be taken as SPECULATION & as a POSSIBILITY since patterns tend to repeat themselves. The chart above includes an overlap of DXY & ES1! in an effort to observe their inverse & parallel relationship.

POINTS:
1. DXY shows a COMMON DEVIATION of 10 POINTS justifying the placement for SUPPLY & DEMAND POCKETS.
2. A VERTICAL YELLOW LINE is indicative of a MARKET PEAK.
3. A VERTICAL GREEN LINE was placed after a VERTICAL YELLOW LINE to signify when MARKET BOTTOMED.

*IMPORTANT:Between every MARKET TOP & every MARKET BOTTOM DXY FLUCTUATES a total of 20 POINTS BEFORE THE MARKET

5. PAY CLOSE ATTENTION to the recession of 2007 - 2009. After DXY saw its first 20 POINT FLUCTUATION DXY hit 80 and bounced back to 90 POINTS.
6. Moving onto RSI we can see that DXY COMMITS to its RSI TREND throughout a RECESSION which does in fact lead me to believe that current RSI levels for DXY will follow a Down Trend similar to what was seen from 2000 to 2003.

SCENARIO:
- With all this in mind we can speculate that DXY will CAPITULATE to 95 POINTS before seeing a bounce allowing current UPTREND CHANNEL for DXY to find some CONSOLIDATION. This will also allow RSI too COMPLETE a DOWNTREND SIMULTANEOUSLY.

*PREDICTION: If DXY is to fall to 95 POINTS that would be the equivalent of ES1! falling too 3,600 OR SPY to 360*

DXY
ES1!
SPY
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