DXY vs Market Movement (Cheat Sheet for Indian
Traders)
DXY Movement Market Impact (ES / NQ / YM / Gold) Trading Action Best IST Time
DXY ↓ Falls Market ↑ Rises Look for BUY setups 7:00 PM - 2:00 AM
DXY ↑ Rises Market ↓ Falls Look for SELL setups 7:00 PM - 2:00 AM
DXY → Sideways Market → Slight Rise Trade Small / Wait 7:00 PM - 2:00 AM
Notes:
1. DXY = US Dollar Index (strength of the dollar).
2. ES = S&P500;, NQ = Nasdaq, YM = Dow Jones.
3. Gold usually moves opposite to DXY.
4. Watch DXY and asset charts side-by-side for confirmation.