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That line in the sand I keep babbling about

JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
in Precious Metals
The dollar index reached .76 today in fine fashion.

The dollar index is far from perfect and it is what it is. However, it's what is generally followed by the mainstream and therefore relevant.

Today it teeters on the line in the sand and possibly the next leg down at .76. It looks extremely fragile. I anticipate a minor rally here and then a decent to .74, repeat lather, rinse and then a visit to .72

daily

weakly chart

MJ
Walker Proof Digital Album
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......

Comments

  • cohodkcohodk Posts: 19,284 ✭✭✭✭✭
    At least your trip to Japan just got 3% cheaper.image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • CaptHenwayCaptHenway Posts: 32,316 ✭✭✭✭✭
    Something just happened.
    I have no idea what.

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • CaptHenwayCaptHenway Posts: 32,316 ✭✭✭✭✭
    Let's see if this works:

    Yen chart linky
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Well nothing like a good fashioned intervention to halt the rise of the yen. MJ

    G-7 intervene in the currency market to weaken the yen
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • BearBear Posts: 18,953 ✭✭✭
    Things are never as bad as we fear, nor as good as we may hope for.

    This Nation is rich in human and material resources and will bw strong and standing

    tall as a Nation, long after ALL OF US ARE long gone..
    There once was a place called
    Camelotimage
  • akuracy503akuracy503 Posts: 1,923 ✭✭✭
    Amen Brother! image



    << <i>Things are never as bad as we fear, nor as good as we may hope for.

    This Nation is rich in human and material resources and will bw strong and standing

    tall as a Nation, long after ALL OF US ARE long gone.. >>

    CU Ancient Members badge member.

    Collection: https://flickr.com/photos/185200668@N06/albums

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