Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.76

-1.1%

Dec 12 4:00 PM EST

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GROUND ZERO™

POKERSAM

To: GROUND ZERO™ who wrote (174813)	5/27/2022 12:28:52 PM
From: Hawkmoon	2 Recommendations Read Replies (1) of 220125

It might be.. but I would caution that the DXY is very oversold on the daily and appears to be catching a bid on the hourly.. The Fed needs a strong USD to crush high energy/commodity prices, or it needs to crush demand by hiking rates extensively.. They only way out of Stagflation is through harsh recessions, and under Volker, it was two of them back to back.. And with QT commencing on the 1st, the demand for USD globally will only get worse, IMO.

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