Description
⋅ When we multiply the CME_MINI:ES1! with the dollar index INDEX:DXY we can see some interesting resistance forming.
This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!
If we can not break this in the near future I will be all bearish for the S&P500.....
Comment
⋅ Looks like we are still on track here. Next days could be interesting
Comment
⋅ We ripped through.
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....
Would buy retests...