Protected: NFTRH 775
Notes From the Rabbit Hole, #775 Summary US Stock Market: Indexes played the take/fail the SMA 50 game last week. Friday was Op/Ex, so of course it unraveled the good…
Notes From the Rabbit Hole, #775 Summary US Stock Market: Indexes played the take/fail the SMA 50 game last week. Friday was Op/Ex, so of course it unraveled the good…
[edit] I just realized that I never made this post private! Oh well. Updating the daily charts of GDX, gold, silver and the US dollar index. Man pulls up charts,…
The first is obvious. The US dollar index continues to push the limits. The limits being the last restraints to keeping it in a daily chart downtrend. When recalling that…
A brief review of the daily chart situation of the US dollar index DXY is bouncing from the daily SMA 200. To anybody's surprise? It's what comes next that will…
USD is king of a shabby realm (of global currencies), but it reigns nonetheless It's still Uncle Buck and then everybody else in the fiat debt paper world. You can…
This week will be noisy. There will be a GDP revision if applicable, ADP employment, PCE index, Payrolls and ISM manufacturing data. The Fed's Bostic will also eat a mic…
The US dollar is not taking up the hype on the retail sales beat that theoretically implies a still hawkish Fed. It resides where we last left it, testing objective…
The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…
The US dollar index updated NFTRH subscribers and I have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July…
Notes From the Rabbit Hole, #769 Summary US Stock Market (as per last week): While late stage rotations appear to be in play Semi & big Tech leadership held and…
I have a hunch that the USD question (bounce turning into a real bear trap and rally or imminent failure?) may get some solid evidence tomorrow morning when July Payrolls…
[edit] I am doing some selling, regardless of what USD is doing. If items held start to look suspect in their own right, or do not fit the balance I…
Well, the answer is that the nice neat resistance of the breakdown was not going to hold on the bounce. As suspected in the July 19 video update, USD/DXY now…
The US dollar index (DXY) has halted where it 'should' have on the bounce into FOMC [edit] In the time it took to write this post Uncle Buck held the…