PROFIT PATH REPORT: New pressure on stocks?
In general, there’s a negative correlation of the US Dollar (DXY) with US equities (S&P 500 – SPX), suggesting that when the value of the US dollar increases, the S&P 500 tends to decrease, and vice versa. The 1-year correlation coefficient between the U.S. Dollar Index (DXY) and the S&P 500 (SPX) is approximately -0.80. […]
SPY Support Levels (Your Market Update Video)
The S&P 500 SPY etf is short term overbought but has well defined support zones below that traders should be aware of as reference levels. Watch Serge’s short video. LIMITED SEATS AVAILABLE Election ETF Explosion: New Asset Allocation Release Party Presented by Serge Berger Register for the Webinar Now >>