While U.S. equities remain relatively unfazed buy the strong Dollar, the rest of the world’s bourses and commodities seem to be feeling the heat.
On the Dollar ETF, below, note the coiled daily chart pattern.
Going forward, it will be interesting to see if U.S. equities can withstand another sharp rally higher by King Dollar.
Drop me your top morning watchlist ideas…
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An ambered ale for breakfast, Chess? I’m impressed!!
Long – $JJG, $UNG & $NIB
Short – $UNP
Knew I forgot to check something…that would explain a lot of today’s action
Ohh the English breakfast. Beans on Toast… only an English classic.
Very good