Big dollar breakout or just a weaker bull high?  Each peak lower than the last.  Notice that big moves usually follow the new leader. Many an inauguration has seen a topping or bottoming pattern in the neighborhood and a Dollar bull has never exceeded two terms. A dollar bear is a tweet away. The only red bull was the first term of Reagan…a different time. Time will tell if I’m on to something with this pattern but not too much if history repeats.

Presidential cycle isn’t anything new but thought a visual would be helpful.

Posted this over at Rambus on Jan 20th…hope it’s still applicable.