SPDR S&P 500 (SPY): This is what I’ve been counting on for t...

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Re: Doubledown75 post# 380977

Tuesday, 02/20/2024 10:11:07 AM

Tuesday, February 20, 2024 10:11:07 AM

This is what I’ve been counting on for the past month or so. The DXY selling off but still not enough to buy (ie support) the markets at a certain valuation. It started a couple weeks ago but then it reverted back to normal (ie every DXY sell off = market rally) when the markets hit new highs recently. Still playing out like Y2000 when markets peaked in March of that year before starting a multi year downturn….We’ll see if history repeats (or rhymes) itself.

- JMHO

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