Dollar rally continues...markets weaken...
Notice that on the Microtrendlines chart, the $NDX did manage to strike the trendline (barely), but has formed a small double top...
A time to be alert...If the dollar rally gets real legs, the equities markets could have real problems...
I've been anticipating this for about 3 months, but we still are waiting on the needed verification....all eyes on the dollar...
For a version of this chart you can click on and 'blow up' for better visibility, go to http://marketmathematics.blogspot.com/
A time to be alert...If the dollar rally gets real legs, the equities markets could have real problems...
I've been anticipating this for about 3 months, but we still are waiting on the needed verification....all eyes on the dollar...
For a version of this chart you can click on and 'blow up' for better visibility, go to http://marketmathematics.blogspot.com/
Comment
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Comment by BullBearGirl on December 8, 2009 at 9:32pm
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It sure has been a long wait!
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