Risk assets are strong, and the U.S. dollar index is facing changes👀
Trading activity was light on Friday (50-75% of normal volume), but risk assets continued to perform strongly at the end of the week, with the SPX regaining its 100-day MA and long-term trendline, and stochastics moving from oversold levels Rebound; emerging market currencies appear ready to break out, the U.S. dollar index may be forming a local top, overall risk sentiment remains high, and the market is currently showing few signs of weakness.
