I'm not an economist either, but it seems to me that with the dollar still being the world's reserve currency and a safe haven, the FED and the US gets away with this and a lot of other things too like large budget deficits and trade deficit. Particularly since other countries and the ECB tends to do the same.
Still on target for retrace to these levels.Pretty much everyone is gunning a dip. Here we go...
My first target is 2625. Second target 2570ish.

Head fake. Big one.Expected: 5M
Reported: 6 M
Actual: probably higher because unemployment offices are overwhelmed and cannot process all requests...
Conclusion: we go UP!!!
![]()
L 2746
L 2746
out that here at 2752 for +6. Flat now
add L 2721
closing that here at 31 for +10
still holding the 46
L 2710
out here at 2722 for +12 on that