Two of the Most Important Asset Classes Just Gave Us a Major “Tell”

The $USD has just “figured out” that the Fed will be finished with rate hikes soon.

We get confirmation of this from Oil, which has completely reversed its breakdown and is back at its bull market trendline. 

The $USD and Oil are two of the most important asset classes on the planet. To see both of them shifting towards a “weak $USD” framework is a MAJOR “tell” that the markets are entering a new phase.

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Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research