#STOCK MARKET REVIEW (DXY & SPX)
U.S. Dollar Index has been unstoppably growing for 12 weeks straight! As the result, S&P500 Index was falling during this time
Crypto survived not the best time as well.
However, at the moment #DXY is approaching a strong ascending trend line, while #SPX is reaching the strong support level.
What does it mean?
If U.S. Dollar Index stops growing and rejects from the resistance, we may finally see some bullishness on SPX and therefore on Crypto too