Hint: it’s the same reason the “market” hasn’t corrected much at all for the past six weeks. And, no, there’s no free lunch involved. The day started with some tragic news out of Brussels. ISIS terrorists attacked innocent civilians at the airport and a metro station, killing dozens and wounding hundreds. Brussels is the de … continue reading →
Tag Archives: Dollar
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Interesting setup on DX that happens to complement the SPX/COMP/NYA charts posted Monday afternoon. Check out the RSI trend line support. I’m inclined to believe the next several days will be very good for the dollar. For equities — not so much.Meanwhile, the EURUSD shows signs of finally breaking down. Both the pair and the … continue reading →