Interesting to see dollar down

    SPX 30 min abc option

    Posted by jtsurfah on 29th of Sep 2020 at 03:59 pm

    Interesting to see dollar down at the same time as US large caps (many being multinationals)?  Should be a big tailwind for multinationals (all other things remaining equal). Is it possible the market is weaker than charts would suggest right now and might, after a brief rally, have another 10% down or so to go before getting bailed out by the Fed and Congress again?  I still have my eye on SPX 3140....

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