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


To: GROUND ZERO™ who wrote (174813)5/27/2022 10:41:01 AM
From: JMTrader  Read Replies (2) | Respond to of 220081
 
You had mentioned this a few days back - yes thanks looks good so far!



To: GROUND ZERO™ who wrote (174813)5/27/2022 12:28:52 PM
From: Hawkmoon2 Recommendations

Recommended By
GROUND ZERO™
POKERSAM

  Read Replies (1) | Respond to of 220081
 
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.