U.S. Dollar Index Review

Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to long-term trends, it does not define them. The focus on short-term noise rather than trends is a source of confusion for the majority of investors, leads to the creation of bagholders at major trend transitions. 

White says it won't intervene in the currency market (at least not yet) and the dollar stair steps higher. Watch out, the rally is strong. Pro/public index shows a confirmed rally that everyone but the public recognizes. Interesting to see gold rallying. This is no accident. The invisible hand is smart and sees something the headlines will not talk about. 

US Dollar Index (UUP)

(Click on image to enlarge)

 US Dollar Index Pro/Public Indices

(Click on image to enlarge)

 

Disclaimer: Content provided by Eric De Groot is intended as general information and not specific recommendations. Individuals are responsible for their own investment decisions. Past ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.