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simtrader19a

SPX500 & DXY Divergence

simtrader19a  
CURRENCYCOM:US500   None
Trend Analysis Chart Patterns
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With US CPI at all time high which in turn has increased the bond yields this makes the DXY rise.
Looking at current charts we can see price divergence between the SPX 500 and DXY
Looking from a Fundamental perspective anticipate DXY to continue to rise and for major indexes to drop
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