The dollar appears to be ready to be stepping out over the rally trend line.
Monday the dollar pierced the rally trend line that has characterized the dollar rally since the 5/2011 three year low.
With Monday being day 12, the dollar can decline for another 6 – 13 days.
Once the dollar closes below the rally line, it should complete its journey into an intermediate cycle low.
Monday was day 9 for the Miners.
The Miners pierced the 420 resistance level establishing a new daily cycle high.
I believe that the Miners are waiting on the dollar to break decisively below the rally trend line.
Once the dollar does that, I think we will see the Miners run.
Tramps like us …





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