Joe Friday: The Dollar Hasn't Done This in 10 Years

By Chris Kimble of Kimble Charting Solutions
March 1, 2013

 Print Page    Email Article    

Bookmark and Share

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


The U.S. Dollar, on a monthly closing basis, has created a series of higher lows since 2008. Now the US$ is working on doing something it hasn't done for the past 10-YEARS in the chart below.


 

 

Joe Friday says ... A US$ breakout of a 10-year falling channel is something to respect, after it has made a series of higher lows since 2008. If Copper breaks down from its multi-year flag pattern, the combo would be sending a global message in regards to portfolio construction. Be cautious with weightings towards risk assets!



For information about Kimble Charting Solutions, send an email to services@kimblechartingsolutions.com.

 

 

 

 

Print Page    Email Article
 
Remember, if you have a question or comment, send it to .
Website by the Boston Web Company