Loading ...Does Red Equal Bear?
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.
That’s a great chart. Easy to understand, and it does seem to strongly suggest a downdraft ahead.
Thanks I appreciate it. I’ve been eyeing the June fed meeting as the next catalyst but there will probably be some pain leading into that.
Plenty of pain in my PM stocks/Uranium Stocks/Lithium Stocks and Cobalt Stocks right now. Hopefully short term pain, long term gain. We’ll see.
But we need to survive the short term. I see good months ahead into summer.
That’s exactly my portfolio right now, so I feel your pain. short term pain, long term gain!
Isn’t it the jinx option expiry week?
Really interesting chart. Nicely done.
Thanks Marty
Thats an awesome chart. Great work!
Thanks Gary , I appreciate it, I have always enjoyed your work.
Democrats – Strong dollar policies
Republicans – Week dollar policies