USD DOLLAR BULL CHARTS
I don’t see a high probability bear case in the Dollar Chart
Exhibit A : The Big Base Chart
Exhibit B : The Big Boink Theory
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1 PERCENTERS
GENDER TYRANNY
GETTING HOT OUT THERE IN ELECTION FRAUD LAND
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WE ARE
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PRE EXISTING T CELL IMMUNITY
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POSTING INFORMATION
I don’t know Fully…you are sounding a lot like Parabolic Chuck! 🙂
Excellent point, Fully. If those charts were of a company that seemed to have good management and good fundamentals and I had spare cash, and charts were equally attractive in other time frames, I’d buy and buy enthusiastically.
For many reasons I’d like to disdain the US dollar, but on the basis of those charts alone*, I would have to think that all other things being equal* the USD would be a fine investment. I suppose that last long-ish flag someone might prefer to be a shorter and horizontal or possibly down-ward sloping figure, but I wouldn’t be so fussy. The charts may be telling us that other currencies may be worse (?).
(*Note hedge-wording–I actually have not studied the USD enough and have no opinion it)
“no opinion it” > “no opinion on it”
Boink chart is the most persuasive to me of a bull move. Now how far would the dollar have to fall to negate this pattern? At least 10 points I should think and maybe more depending on the time frame.
Yes…Its going to take a catastrophic fall to negate the breakout.
I still feel strongly gold will be rising in all currencies going forward.
I agree Fully especially when one looks at the euro and yen and sees how bearish they appear.
Gold: I’m not sure of but it really could rally with the dollar I guess. The dollar rising another 70% or so will slow the gold in dollar gains atleast some I would imagine….