Honey, We Need to Shrink the US Dollar!
(and Help Metals)

By Chris Kimble of Kimble Charting Solutions
April 25, 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 has rallied since the summer of 2011, almost two years! The rally has taken it up to a resistance line that has been in place since 2005. Bullish sentiment at this point are lofty, reaching levels hit only five times in the past five years.

The combination of this line and high bullish sentiment has resulted in the US$ taking a breather. As the US$ has rallied, what has been the direction of Gold, Silver, Copper and Commodities (CRB/CRX)? Not too pretty!

 

 

Will this setup cause the US$ to decline? Or will it be different this time? Could a US$ decline have a positive short-term impact on Commodities? Stay tuned!



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