Truly bottomless Dollar Index

Nine months ago i posted this. Was USD finally done? We had to wait a little longer but when the hounds of hell finally came for USD they did so with a vengeance. Here’s Dollar Index futures on the weekly time frame.  The European “QE success story” will probably overshadow the US “QE hangover” story over the next few quarters as capital flows pour out of USD and into commodity currencies, EUR and anything anti-USD.  But really..where does it lead?

DX Futures Weekly – 88 coming?


The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

1 comment

  1. snake eater   •  

    Bear trap. Small rally then we go down. Wheeeeeeeee. What do we do James?!

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