SPDR S&P 500 (SPY): Keep your eyes on the DXY and so long as...

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Re: gumbie05 post# 379733

Thursday, 01/11/2024 3:07:58 PM

Thursday, January 11, 2024 3:07:58 PM

Keep your eyes on the DXY and so long as it continues to show weakness (ie Every rally in it is met with aggressive selling- ie money printing) then the markets will most likely try to go higher. I’m thinking that if the DXY heads towards 100 (or lower) then there will be enough liquidity to continue to prop these markets at least til the end of the quarter.

- JMHO

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