Showing posts with label US Dollar Oct. 2011 High. Show all posts
Showing posts with label US Dollar Oct. 2011 High. Show all posts

Sunday, May 22, 2011

Update - June 8th, the Dollar may be forming a double bottom right on the Economic Confidence Model date of June 13, 2011 (normal interpretation of the cycle allows for a few days +/- within the date), if so this implies capital seeking safety in the dollar as it did in late 2008. As indicated before, the US Dollar appears to be headed for a high in October 2011, which seems like a short rally in light of the ECM model.