Wednesday, August 24, 2011

Dollar Index Signal Coming?

$DXY is not selling off. With all the QE3 and recession worries it just hangs in there tough. Folks, I am not a predictor, but I really think this is the time it shoots through the down trendline and kills the risk trade for a month or two. Watch it with your two eyes and do not let it sneak up on you. In 2008 this was the trade of the year (besides selling equities). I think we are at the same point here!

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