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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: JMTrader who wrote (157990)	6/18/2021 3:53:18 PM
From: GROUND ZERO™	4 Recommendations Recommended By GoodGord Hawkmoon JMTrader The Beard Read Replies (1) \| Respond to of 220727

Look at the dollar continue higher despite the rally in the bonds... Hawkmoon's timely post on the quarterly DXY chart was so revealing that I added more EUO positions and shorted more GDXJ positions... At some point, we're going to see the dollar much higher, so it seems from all the charts... Sure, the dollar could be lower on Monday or Tuesday, but the trend has clearly turned and the OP is already long the dollar from earlier this week... I thought the dollar would top out today, maybe it did for the next day or two, but the longer term trend right now is higher... This could spell serious trouble for these markets, we already have weekly outside key reversals for the $RUT and the $SOX... GZ