US Dollar and Treasury yields likely to rally back to new 2022 highs

The upside follow-through for Equities is nearing initial time and price targets, which likely result in a stalling out/reversal as of Wednesday of this week.  Reasons for an upcoming change of trend have more to do with cycles than “overbought conditions” per se, but intra-day momentum gauges have certainly reached levels which makes this move seem stretched after 200 $SPX points gained in four days’ time.  Utilities, Discretionary and Fina...

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