$USD$ vs QQQ (SP500)

Correlation matters

Keeping short this morning.

The US dollar has has move down since its peak at $114.05 in late September and the QQQ’s have move higher until Friday.

US Dollar has a top side target 🎯 of $104 today. As the dollar moves higher we should expect the equity index’s to move lower. Watch the Rate of Change for abnormal behavior outside of its typical range.

Live Loud!

Trent

Disclaimer

This is not advise or a recommendation.