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Stocks, Bonds, Metals, Oil Surge post FOMC, as USD Hits Weekly Lows

Treasury Liftoff, as seen by Yields collapsing post FOMC

Treasury Liftoff, as seen by Yields collapsing post FOMC

It's all about the US Dollar as pullbacks to new weekly lows coinciding with rips in both Crude and Gold which have recouped all of the weakness of the past couple days- Treasuries and stocks actually moving in Unison which is odd, but yields backed down from 2% to 1.93% and S&P futures moved higher to test the highs from last Friday, which looks to be an important area at 2022-  Lack of TY Selloff would cast some suspicion on the longevity of this rally from here, but if USD breaks support, it will be right to favor both Energy and Materials in the days ahead and still favor Technology-  Overall, holding rally into close would be a positive for S&P  but the breadth confirmation is key-  For now, trend remains bullish until/unless S&P closes down under 1995, while 2022 is the first real area of interest--

S&P Spike back to highs post FOMC to area right near last Friday's highs

S&P Spike back to highs post FOMC to area right near last Friday's highs

US Dollar index nears critical support after selloff post FOMC to lowest area since mid-Feb

US Dollar index nears critical support after selloff post FOMC to lowest area since mid-Feb