Ive used the "sunset" option on Stockcharts for a reason; is this a picture of the sun setting on the US dollar, or the sun rising on a US dollar bull market?
Tuesday, March 31, 2009
The American Dollar Sunrise or Sunset?
US dollar chart, 1 year. Fibonacci extensions have been marked vertically and horizontally to highlight some critical points. Mixed signals all around, but note the RSI (14) and W%R (14) both almost academically turned down at the mid-line EOD today.
Ive used the "sunset" option on Stockcharts for a reason; is this a picture of the sun setting on the US dollar, or the sun rising on a US dollar bull market?
Ive used the "sunset" option on Stockcharts for a reason; is this a picture of the sun setting on the US dollar, or the sun rising on a US dollar bull market?
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