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Dollar Rally Still Looking Positive!

  • Written by Syndicated Publisher 43 Comments43 Comments Comments
    December 12, 2010

    Our intermediate-term buy signal on the dollar is still looking good.

    So far the pullback last week looks like what we expected, a pullback of the dollar from the short-term overbought condition above its 21-day m.a. to retest the support at the m.a.

    121110a

    U.S. Treasury Bonds.

    And our sell signal on treasury bonds is also still looking good, as indicated by this chart of our holding in the ‘inverse’ etf against bonds, designed to move up when bonds move down.

    To read the rest of this article by the author Sy Harding click on the link below;

    Dollar Rally Still Looking Positive!
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