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Dollar Update

CLIFF NOTES: the dollar has gone up – strongly —  at the BUY pattern.  While this is good, for now, as you will see below here will be the real test (IMHO).  Here is the last post on the Dollar Index: https://bartscharts.com/2014/04/30/the-dollar-index-is-at-a-very-crucial-and-critical-level-at-79-45-79-47/ I have labeled the potential count occurring if dollar bull thesis is correct.  I […]

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the dollar index is at a very crucial and critical level at 79.45-79.47

CLIFF NOTES: I have been a dollar bull for almost a year now and while price has made higher highs on the longer term time frame, it sure looks sick on a daily.  So to the drawing board I have gone …and, while you will see a very nice an orderly count down into 5 […]

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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 (https://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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Dollar Index Positive Reversal forming on daily …

cliff notes: 55 calendar days on 2/20/2014 from the last low in the US Dollar BUY patterns present and have held but have not confirmed a low in the dollar still a level at 79.50-79.60 positive reversal (bullish) pattern present on the dollar index   last post on the dollar: Gorilla’s juggling dynamite … and […]

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Dollar Index and the “D” word …

updating the dollar index fro this previous post: https://bartscharts.com/2013/10/27/us-dollar-as-of-10272013-900-pm-est/ yesterday, saw a quick blurb on the financial news channels that first mentioned the “D” word and here is the link: http://www.marketwatch.com/story/ecb-options-limited-euro-zone-defaults-to-deflation-2013-11-06?link=mw_home_kiosk today, they CUT RATES and the dollar index took off like a rocket ship.  having had the wonderful experience to gain the CMT and […]

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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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the joys of the puzzle …

a couple days ago I posted about the US Dollar missing my lower target and the potentiality of a bottom and even saw a “nice” inverse head and shoulders that IF it broke thru would be a bullish signal.  it didn’t and, now, looks like my lower target is going to be attacked.  quite frankly, […]

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