claydoctor

IWM USDOLLAR DESTINED TO MEET SOON

FX:USDOLLAR   Dollar Index
37 0 1
Feb 5th is a major date for most indexes, and levels. These green trend lines , resistance/support... USD has reacted to each level at it reaches, breaches, retests, and either fails or breaks back. Do a zoom in and you will see their significance. Sure, you say, but watch them goingforward, projections... simple, with each new and growing geo             political event being tensioned up, dollar has to go up, markets down, and when will that trend end. IIMO we break down thru the double top neckline of the IWM             , and up through the USD strength resistance of feb 5th levels, and then onto the Jan 20, 2014 highs. Here's the SCARY THOUGHT.... Russia retaliates against sanctions, with what.... FOOD embargoes. Think about it, they have. A lot. Russians are smart, ruthless when they need to be, and proud. Less food on the global market, demand increases, prices up. Official inflation numbers have been messed with for political purposes, and we all know when we shop for groceries prices have sky rocketed now for a couple years. (price of a can of beans gone up about 35%) Food inflation !!!!!!, and BOJ, ECB, and FED will have to raise rates way before they wanted to, inflation will trump employment and wages triggers. Russia makes its point, wins that battle, says to world, OK mess with us, we mess with you, Europe suffers first, fragile economy falls, Italy             already, Germany next, DAX             below 9,000 today, major level... Rates up maybe next meeting for each. BOJ, sept 3rd, oct             5th. ECB sept 4th. FED sept 17, oct             29th. I just realized, another oct             29th - that is ominous. In history, very important date for big events. This does not get betetr any time soon. Its like all those things and people that were just waiting for an excuse to create headlines came into their day.
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