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Dollar Index Update

The Dollar and the Currency Market is, again, the Gorilla in the corner juggling dynamite.  Per our last post (http://bartscharts.com/2014/02/19/dollar-index-positive-reversal-forming-on-daily/) we mentioned a potential positive reversal (which has been defeated) and one more target lower in/around 79.53-79.60.  This is EXTREMELY important for the thesis of the Dollar moving up …  

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Halloween Pound Update …

as I debrief the action in the Pound vs the USD over the past couple days, I can say that, perhaps, I might have done one thing different … a couple days ago we called for a pattern complete in the US Dollar and that coincided w/ the top shown in the GBP.  The GBP […]

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Pound Negative Reversal Potential – Long Term Chart

i had the wonderful pleasure to teach, for a little over a year, the Capstone CMT III course…the positive and negative reversal arena usually made both me and the candidates head explode.  so, if you want to read about it and catch some understanding, Google: RSI negative and positive reversal by Connie Brown. in this […]

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US Dollar as of 10/27/2013 9:00 PM EST

in our last post we discussed the importance of current levels on the dollar or the 78.73 level a little lower.  in “counting terms” believe the dollar is carving out a major bottom in what can be coined an expanded flat corrective move.  if this analysis is correct, I am expecting a major move on […]

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Part 2 of Part 1-V on the S&P

Part 1 was a look around the world at different equity indices based on ETF’s: http://bartscharts.com/2013/09/14/part-1-the-sp-500-but-first-we-need-to-go-around-the-world/ of note is the Global Equity ETF (ACWI) and the SELL pattern that is appearing as we showed in our last “around the world” update shown below. Overall, nothing to crazy but the analysis appears to have been correct. […]

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