Thursday, November 4, 2010

Dollar Rally Still In The Cards

The Dollar peaked on June 7 and has been in a steady decline every since with only one short rally. Has the stock market rally been nothing but a revaluation based on the Dollar? If so, a rally in the Dollar, particularly a 3rd of a 3rd wave rally, could be all that is needed to end the rally in stocks. The Dollar is at a potential turning point with multiple levels of support.

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