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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (175583)6/14/2022 11:44:50 PM
From: Hawkmoon2 Recommendations

Recommended By
GROUND ZERO™
toccodolce

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I think a lot of how far any rally goes will be dependent upon the DXY..

It MIGHT see a retracement back to 104, but given it's recent inexorable upwards momentum in the face of the Yen crisis (and pending Euro crisis), any pull back will likely be a temporary stop on the way to 110-120..

I have to believe that the strong USD and the BOJ inability to make the hard financial decisions are eventually going to sink this market.

Dollar Milkshake Theory..

Hawk
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