tech_yogi

Dollar, SPX and commodities are in a very critical zone..

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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Will the dollar resume it's up trend channel after that bit of a squeeze below the channel? Or is this just a retest of the previously broken trend channel?

Sound bites from Fed and the Inflation outlook would suggest that we are about to rollover on the index and commodities. The overheated trade of the last few weeks is about to unwind in a time where SPX is in a buyback blackout period.. lookout below!
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