sometimes weighing our own internal feelings vs what the data tells us provides the best sense of perception (sentiment) vs reality ....i dont know about you but i was feeling pretty dang depressed in early december!
second - it could! a weaker dollar could lead to higher inflation and higher asset prices, which could cause them to hike rates further at FOMC later this month
but i do suspect DXY will tip their hand either way in the days / weeks prior we should see some signs of DXY strength (regaining of lost territory/MAs) prior to FOMC if that scenario plays out
Thx. Realy looks like depression phase if take account of sentiment and graphics.
sometimes weighing our own internal feelings vs what the data tells us provides the best sense of perception (sentiment) vs reality ....i dont know about you but i was feeling pretty dang depressed in early december!
Good to see you back for 2023 JJ. Now I regret not going long based on your MVRV! D’oh!!!!
ha! well if nothing else at least you weren't short....sometimes no position in times of uncertainty / low conviction is what's needed
First of all - thank you for making this research free. Just awesome
#2 - how the mighty have fallen!! Down down down dxy!! Do you think this will cause the Fed to overact?
first of all - thank you for reading!
second - it could! a weaker dollar could lead to higher inflation and higher asset prices, which could cause them to hike rates further at FOMC later this month
but i do suspect DXY will tip their hand either way in the days / weeks prior we should see some signs of DXY strength (regaining of lost territory/MAs) prior to FOMC if that scenario plays out