2pm update - rising dollar causing problems

Whilst equities continue to see minor weakness, there is some real carnage in commodity land, as the USD continues to climb. Gold is -$22, with Silver -1.8%. Oil is lower by a rather severe 2.9%, with Nat Gas' -4.0%.


USO, daily (1x Oil, long)

UGAZ, daily (3x Nat' gas, long)

Summary

Suffice to say... a rising dollar will be a constant pressure on all US $ denominated asset classes...and that does of course included equities - although the effect is far less.
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Notable strength: TSLA +4.5%
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2.32pm... chop chop... but we're creeping a little back upward sp'1999.

Oil remains badly hit though, -3.0%