Posted 5/3/2016 06:41 (#5279429 - in reply to #5279316) Subject: RE: Dollar index… pattern counts as complete now let's reverse…
Starbuck Manitoba Canada
The way is clear for a sharp and fast drop over the next few months to the .85 level before it resumes its upward run. If I am right and we retrace to .85 and then head to new highs, we could be looking at a long term bull for several years to take out the recent high of $1.25. This is based on a 40 year chart. The high was back in 1985 at around $1.60.
This upcoming 10% drop in the DX will add fuel to the run in grains as well.
Dollar index… pattern counts as complete now let's reverse…
