The US Dollar Index is now struggling in the overnight market to rise and stay above 75.63, which is a critical market timing pivot point. The Euro has cooperated by selling off from its high today. We need a close clearly above there to get a rally going in the US dollar. The SP500 Index and gold failed to hold onto their recent gains and now appear ready to decline again. See the rest of my updates from today in the 3 posts from the 21st.
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© 2011 David B. Durand, M.D. All rights reserved.