Friday, July 31, 2009

Slight chart update on the U.S. Dollar...


As you can see there is evidence of a slight rebound off of the current exponential trendline. If this gathers steam, it could be because of a correction in equities, which has often been the case recently.

Mike Shedlock has come to the same conclusion, his post is here:

http://globaleconomicanalysis.blogspot.com/2009/07/ewave-count-on-us-dollar-suggests-move.html

1 comment:

Anonymous said...

Thanks Mark!

Trevor