The Best Fed Pivot Indicator
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Is There a Slowing Momentum in the US Dollar?
The US dollar did push a little bit higher and then reverse. The market is making new lows with that strong reversal. But there's starting to be a momentum shift between the US dollar and stocks. We could see 3500 on a closing basis or maybe even 3400 in SPX, but what we're looking for is that slowing momentum in the US dollar.
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