$DXY still going up tonite. sidhuajag, i still don't see how stocks keep rising in the face of this, despite your reasoning:
I think they will wait for usdx retrace... Higher lows for both... Someone ban this lambchop guy seriously offtopicwhat's interesting is i have intermediate-term sell signals this past week on the S&P, NDX, Wilshire 5000, the $DJT and even the Dow Jones World Index.
Intermediate-term sell signals were also triggered on the French CAC and the German DAX.
the $DJI is the only holdout.
extrapolating forward to the end of week, it looks like we're going to get a weekly (intermediate term) sell signal on the Dow. that's a significant development as it has been the only holdout from the above indices. given where we are in the cycles, there is a chance this could be a long term top in the stock mkt. mind you as i've said before, i don't have the structural evidence yet that this is the case. former subs will know what i'm talking about. but i am on high alert.
like i also said, this would be good for Bitcoin, as it would cause a RunToSafety and could also highlight the benefits of non-correlated assets from the general financial world of which there is only one, imo.
