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goodguy goodguy PRO DXY, W,
DXY: Some thoughts about the GDX, precious metals, and the USDollar
70 2 5
DXY, W
Some thoughts about the GDX, precious metals, and the USDollar

There has some short term bullish action in the metals and gold miners even as the US dollar has continued to rally which to me is longer term quite bullish. It suggests to me when the dollar finally makes a correction or changes course we could possibly get a great rally in metals. The DXY has passed the .618 level which suggests to me it will likely continue up ...

goodguy goodguy PRO DXY, W,
DXY: Update on the US Dollar: What next?
68 0 5
DXY, W
Update on the US Dollar: What next?

Obviously it is still in a bullish move. But when will it likely turn town again? We are now at a .62 correction of the drop from A to B (on the monthly chart. Also are at the top of the potential channel I've drawn on the weekly chart. We have a negative reversal followed by a bearish divergence on the monthly RSI and a bearish divergence on the weekly so it is ...

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