Loading ...UUP ( Dollar Index ETF)
I have to admit defeat. I was strongly in the bull camp when this broke out of this flag and backtested.
Big Kudos to Graddhy ,Spock , Norvast and others who called this a FBO ( False breakout) from the very start.
This chart is Very bearish for the dollar at this point.
This of course should be very Bullish for Gold at some point soon one would think.
Maybe this week . The Fly in the ointment is the PM Shares are sucking wind in general.
On the other hand…some micro cap explorers are popping and breaking out big time.
Are these the leaders ?
pass the popcorn
Fully…waving the white flag.
Dollar breaking down. Inflation coming. Look at the cryptos ! They are smelling it and cannot be BOMBED with paper derivatives !!
Well, that was a long time coming. You did a good job of dragging me along with you LOL. A prisoner of previous experience…like Spock says. We are in new territory, we have to discard the experiences of losses and beatings…and grab onto the bull and hang on! It will never work as we would like it, only doing whatever it wants to throw us off. But hang on, and ride this bull to wealth.