CHART OF THE DAY: Dollar Bullish Trend Confirmed

It’s that time of the week again. That’s right data-driven #process fans, it’s Macro Monday! Today is the day we review last week’s macro moves (in rate of change terms) and contextualize them within our multi-duration (TRADE, TREND, and TAIL) framework. 

First up, it was Dollar Up and #InflationAccelerating last week: 

1. US DOLLAR Index was up another +1.2% last week and up for the 3^rd week in a row confirming the new Bullish TREND @Hedgeye