Dollar Index (DXY) has breached 110 level. Time to be super cautious for most asset classes, including stocks, commodities and cryptos. Rising dollar is bad for emerging markets, commodities.
This could trigger a fresh downside rally in stocks, commodities and even cryptos. As you can see in chart, we are in wave 3 and by the time, this wave is done, we can be at 114 or higher levels.
