As the US dollar bounces sentiment is bouncing with it DXY took out the SMA 200 a few days ago as the 2021 rally continues. In having cleared that moving…
Against a backdrop where Zero Hedge notes that 77% of Americans are worried about soaring inflation... Just look at the graphic in the tweet above. A big rat is…
The US dollar has taken out the daily SMA 200. It's still in a major downtrend but it's also still bouncing and therefore, capable of eliminating the downtrend. To do…
[edit] After writing the below I realize it is not making any hard conclusions and does not necessarily even know what its point is. Consider it an exercise by one…
I love the chart below, and others like it. They force me to think outside of the... ...and consider reasons for what I see. The reason gold is confounding to…
"You know what" = the vast reflated anti-USD macro As DXY retreats in pre-market (along with short-term overdone 10yr & 30yr yields)... ...it is little surprise that markets tethered to…
Considering that everything but gold is in positive alignment with the inverse of the US dollar I'd say that if USD is not THE most important signpost to the current…
DXY held the 50 day average and is bouncing from it this morning. The yellow box had identified a bounce pattern similar to the previous one from last summer. The…
As you know, our ultimate target for the 30yr yield is around 2.5%, at which point we'll come to a major macro decision point between failure and deflationary liquidation or…
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
As harped upon for the better part of a year now, it's all about the US dollar with USD being the anti-market to most cyclical and 'risk on' markets being…
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets far and wide. As yet,…
It's pretty interesting how the November disconnect by gold and silver from the global anti-USD trade turned out to simply be a correction of the previous excess. Very clearly the…
A look at this morning's futures with brief thoughts on each. The US dollar index is down again, to 89.38 with the next support target at 88 +/-. That is…