Since Powell has started printing with no tomorrow, dollar has followed suit and has been on a steady downtrend.
Usually dollar and SPY move in the opposite direction, which is exactly what has been happening since end of May.
If dollar breaks down, expect a push for SPY towards ATH
Usually dollar and SPY move in the opposite direction, which is exactly what has been happening since end of May.
If dollar breaks down, expect a push for SPY towards ATH
