Catching up on Uncle Buck and Johnny Yen, we return to the monthly comparison chart. Yen continues to search for a low to bounce from if it is going to follow the buck’s bounce plan at orange arrow #3. It is at support. If it bounces and if it goes to the USD’s script, it would then decline again well into new lows territory.
Meanwhile, USD is breaking to a higher high. I had thought the ’09 and ’10 highs might provide resistance, but so far it’s not happening. It truly does appear to be the USA Über Alles market.