Courtesy of Read the Ticker.
The strong rally in the USD dollar is not done. This wont be good news for USA exporters, Grinch is taking revenue away!
Looks like the DXY/UUP will have one last push higher. After all ECB, PBOC and BOJ are all talking easing in their zones while the US FED talks interest rate hikes in Dec 2015.
Close up chart..
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Longer term chart
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Investing Quote…
..”Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities.”…
Jesse Livermore
..”A market is the combined behavior of thousands of people responding to information, misinformation and whim”..
Kenneth Chang
..”Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it”..
Warren Buffett
..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell”..
John Templeton
..”It’s easier to fool people, than to convince them they have been fooled”..
Mark Twain
