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Re: U.S.$ Index/ Important Breakout

Trades,
Great chart! As always - loaded with a ton of solid information. The chart tells a good story - the comms continue to get beaten up by this action. I should have stayed in the Yen trade - looks like a long term trend that could take the Yen down below par - can't remember the last time THAT happened.
With all the problems in Washington, you'd think that the USD would be headed the other direction - but as the BOJ has turned 180 degrees as you've mentioned, and further weakness in the BP - and the rug getting pulled out from under the Euro - the USD has nowhere to go but up.
This action will continue to "trash", in your words, all the comms - where are the comm bears on this forum?

Best!

Messages In This Thread

U.S.$ Index/ Important Breakout *PIC*
Re: U.S.$ Index/ Important Breakout