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USD Double Peaked


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#1 redfoliage2

redfoliage2

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Posted 28 December 2006 - 09:27 AM

USD made double peaks:
http://stockcharts.com/c-sc/sc?s=$USD&p=D&b=5&g=0&i=t57480852065&r=1193.png

TNX broke up 50 dma:
http://stockcharts.com/c-sc/sc?s=$TNX&p=D&b=5&g=0&i=t32020218588&r=1923.png

Rates on the way up next year.

Edited by redfoliage2, 28 December 2006 - 09:35 AM.


#2 redfoliage2

redfoliage2

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Posted 28 December 2006 - 11:01 AM

USD made double peaks:
http://stockcharts.com/c-sc/sc?s=$USD&p=D&b=5&g=0&i=t57480852065&r=1193.png

TNX broke up 50 dma:
http://stockcharts.com/c-sc/sc?s=$TNX&p=D&b=5&g=0&i=t32020218588&r=1923.png

Rates on the way up next year.

As USD going down and rates can not go lower. Small caps will feel the heat. In such an environment, small caps will under-perform in 2007.