U.S.$ Index/ Continues to Trash Markets *PIC*

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DX continues to trash inverse markets as it loves to do. While many think they are trading various markets all they are often doing is simply trading against the U.S.$ Index in a round about way. The rising 20ema is above the rising 50ema which is above the rising 200ema for the 1st time since June 2010 that this bullish trend has been seen. DX has so far retraced roughly 50% of the entire selloff from June 2010 to May 2011. Seasonal trend charts in all time frames measured show a strong U.S.$ right into February. So far so good.....for DX.

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U.S.$ Index/ Continues to Trash Markets *PIC*

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