PowerIndicators

Risk On Risk Off Helpful Proces Spy VS Btc VS Dollar Dxy

Formación
AMEX:SPY   SPDR S&P 500 ETF TRUST
lets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky .

Hi traders

over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators.

Over time the dollar has always been perceived as a strong stable currency and when people move dollar up it is usually perceived as a defensive move by market participants and therefore a risk off situation for speculative assets.
Usually what is helpful lately is looking at the SPY vs BTC and compare to the dollar DXY representing safety.


Usually dollar Up = SPY + BTC down = Risk Off

and vice versa

Usually dollar Down = SPY + BTC Up= Risk On


Hope this video was helpful




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