Prepare for the Dollar's Decline and Emerging Markets' Ascent

A significant decline in the Dollar Index (Dixie) is anticipated beginning in the second half of 2024, with projections suggesting it may drop to the low to mid 90s from its current level around 104. This decline is expected to be followed by a robust multi-year rally that could last up to a decade. In contrast to a potential long-term bear market for the S&P 500, emerging markets are predicted to outperform, particularly through the ETF EEM. A corrective rally is anticipated for the S&P 500 without reaching new highs, while emerging markets are poised for substantial gains, provided there is an appropriate pullback in EEM to facilitate investment. The analysis of these trends is solely based on chart patterns, without reliance on fundamental factors.