Bulls make money. Bears make money. Pigs get filthy rich.

U.S. Dollar

Structural View

Direction: Multi-Decade U.S. Dollar Bull Market

Expected Path: Range / chop → renewed dollar decline → 80–85 potential cycle-low zone → structural bull market resumes

Confirmation: DXY breaks lower from the current range

Invalidation: Sustained DXY break above 120 before the projected decline develops

Timeframe: Multi-year counter-trend decline → structural bull market resumes

AI Cycle / Cycle Turn — 80–85 potential cycle-low zone as the AI investment cycle matures.