Last week the Aussie $ broke down from a multi-month consolidation pattern, the bottom of which was formed by line (1). After reclaiming the line earlier this week, it has once again broke below such support. Such break-downs from consolidation…...
As of this week, the USD is breaking trend-line resistance dating back to the early part of the last decade at line (1) below. Ostensibly, this represents a trend change of some proportion – bull market beginnings, bear market endings. The…...
The ratio b/t the 10 Yr UST price and SPX has been enormously valuable in calling cycle or temporary cyclical tops in the latter since 2007. In fact, the ratio successfully called the 2007 cycle top and the numerous 2011 cyclical tops…...