THE US DOLLAR INDEX
Two weeks ago I indicated the US Dollar could resume its downtrend.
It is now getting to a critical point. If your looking at purchasing US assets you might want to let this index stabilize first. You can see this trend is still in a hard down mode, failing to even get above a previous low the entire 4 year trend, indicated by the horizontal lines. The last rally stopped at 3/8ths of the last range down and keeps this fast trend intact. The last rally was anemic at best and has been the weakest of all the rallies the past 4 years.
If that rally is complete, it leaves this index and thus the dollar in a very precarious state, especially since this rally has come from a previous low or "obvious" support.
Quelle:
http://www.mclarenreport.com.au/yvs5...ult.asp?id=300
