Stewdamus' Chart Analysis & Trade Alerts

Share this post

Dollar Doing a Double Check

www.stewdam.us

Dollar Doing a Double Check

#dollar #usd #usdollar #ratehikes #cpi #thefed #jpow #inflation #blowofftop

stewdamus
Feb 15
Share this post

Dollar Doing a Double Check

www.stewdam.us

Traders,

The Dollar really wants to make sure that its resistance overhead is legit. From a technical perspective, I love this! Should the dollar remain below my macro uptrend line, it will be all bulls for the next few weeks/months in the U.S. stock markets. The dollar should continue its sideways/down movement during the same interim. If the VIX is any indicator, then my thesis appears to remain intact. Watch closely. Blow off top should peak by mid/late summer or early fall.

Best,
Stew

Share this post

Dollar Doing a Double Check

www.stewdam.us
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 stewdamus
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing