Bagman's charts, watchlists, scans and etc.

[gb55]

$usd

the main reason i look at the currency charts is to get clues about where the us equity indecies might be headed....in general, if the dollar rises the U.S. equity indecies fall.....buTT as you can see on the charts (link back) this is not always the case....$spx refused to fall and is at new highs even as the dollar has made an impressive bounce (considering the fundamentals/unlimited printing and a 14 >trillion< dollar debt).....IMO the charts point to a higher dollar....will the equities reverse to the downside and play "catch up/down"??? i wish i knew :)....i sold half of my tza at a great loss so the R2K will surely plummet like never before.... hehehe....on the other hand, i kept half so the pain could continue.....that's right, the markets revlove around me!!!! :)
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