The US Dollar Appears to Have Bottomed, see the Daily and Weekly View charts at http://stockcharts.com/freecharts/gallery.html?s=%24usd. Since peaking at 88.71 in June 2010 (see the second Weekly View chart), the US Dollar has done an Elliott Wave ABC down up down pattern and an Elliott Wave inverse 12345 down up down up down pattern (pattern within a pattern), probably bottoming at 75.25 on March 22, 2011, though it still needs to follow through strongly to the upside and hit a clear buy signal/breakout.
Wednesday, March 30, 2011
Tuesday, March 29, 2011
Monday, March 28, 2011
The Gold and Oil ETFs Might Have Peaked
The Gold and Oil ETFs Might Have Peaked, see GLD at http://stockcharts.com/freecharts/gallery.html?s=gld, and, see USO at http://stockcharts.com/freecharts/gallery.html?s=uso.
Sunday, March 27, 2011
Saturday, March 26, 2011
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