When we multiply the
ES1!
with the dollar index
DXY
we can see some interesting resistance forming.
This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!
If we can not break this in the near future I will be all bearish for the S&P500.....
This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!
If we can not break this in the near future I will be all bearish for the S&P500.....
Comment:
Looks like we are still on track here. Next days could be interesting
Comment:
We ripped through.
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....
Would buy retests...
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....
Would buy retests...