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NurseJohn93 posted an update 2 years ago
Outlook on the DXY- now all information that will be included is purely a speculative outlook for the markets heading forward. The DXY seems to be losing momentum on the chart…As i have suggested or pointed to recently that i believe the dxy might begin to retreat to its upper weekly trend support and possibly break to its lower weekly…
NurseJohn93 posted an update 2 years ago
2 years ago (edited)
Interested to see where the market goes for the remainder of this month and going forward, i know it sounds like beating a dead horse…but we have multiple factors leading into the fall months. If the dxy does retreat substantially there is a reality where the next two months we see a very strong rally to the upside for all asset classes. The…
NurseJohn93 posted an update 2 years ago
An important note regarding oil and gasoline…the strategic reserves releases are coming to an end very soon and the best quality forms of these reserves where it makes more optimal for gasoline to be made by refiners is already been used up…as we approach the cpi data next week we should show slowing and downtrend with energy costs down…but I… Read more
NurseJohn93 posted an update 2 years ago
Tonight’s futures look red and bleak but ultimately off two charts i see a turn around by morning. I believe we should begin to see the dxy retreat and see another move in the indexes to the high side. 420 level will be interesting for me on SPY in the coming weeks. I dont not expect the same fierce rally we saw before this retracement began. I…
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Always appreciate these posts John
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