I want to revisit the topic of the US dollar as I do feel an interim bottom was established in recent weeks and it appears we will see a rebound in the immediate future. I’ve been calling for this for several weeks but we only got confirmation this week with a close above the 20 […]
Since putting in a bottom on 5/22 at 1.0186 the Swiss franc has appreciated 6.5%…as of last week lifting futures to four month highs. I am operating under the influence an interim high way reached last week at 1.0962. Let the Fibonacci levels on the chart below guide you on this trade as I am […]
If you go back in time and read comments from 2-3 weeks ago I had called for deprecation in the dollar and the market delivered. I only bring this up because the move happened a lot quicker than I anticipated…from the high made 5/23 June futures are lower by 3.3% in just over 2 weeks. […]
