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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%4:00 PM EST

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Hawkmoon
To: Hawkmoon who wrote (158015)6/19/2021 11:14:34 AM
From: GROUND ZERO™1 Recommendation   of 220695
 
Very good, thanks for the clear explanation...

It looks like the dollar is turning higher in anticipation before rates begin moving higher...

Both markets together are compelling...

Here's the 10 Year Note weekly chart, we can see the earlier flag was bearish, the current one is bullish meaning higher rate levels to come...

It makes sense that the U.S. Dollar will follow, in fact it's already leading the move right now...

It was your posting of the quarterly chart that opened my eyes to this, thank you for posting that great chart...

My own indicators gave me a buy signal on the dollar earlier this week but my signal is still long the bonds...



GZ
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