The 5/19/15 Morning Update


The dollar is delivering more bullish follow through.

1 $$$

The dollar printed its lowest point Thursday, following the day 11 peak. A swing low formed on Friday. The bullish follow through on Monday tested the declining trend line. This morning the dollar has broke above the declining trend line confirming today as day 3 for the new daily cycle.

As the dollar rallies we can expect stocks to follow suit while gold & oil weaken.


One thought on “The 5/19/15 Morning Update

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s