π The U.S. Dollar Threatens International Markets
π Daily ETF Overview
For the longest time, we've been outlining the bullish case for investors to maintain international exposure.
And this has been the right call, with international markets finally outperforming the U.S. for the first time in over a decade. However, we're seeing the US dollar flirting with a major breakout, which if that manifests that would be a headwind for global equities relative to the U.S.
In other words, we could see relative weakness begin to kick in here while the U.S. markets keep moving higher.
The U.S. dollar is an important one to watch as it presses against the upper bounds of this year-long pattern.
Most traders get chopped to pieces in the summer because they're swinging and holding overnight while the algorithms run the tape.
Kenny's hosting a free live training on Tuesday, June 9th to walk through the exact 1-minute VWAP setup he uses to catch intraday moves and step away by lunch.
