Directional Analysis

The US Dollar has been rolling over, breaking down from a Bearish Rising Wedge. Now we are starting to see a little pause and it is corresponding with the pause in the move to higher prices in the Equity Markets. In this Video, I am showing you why this is happening and what are the areas where we can see this happening. All the Markets are affected by each other, the Equity Markets, the Currency Markets, and the Commodities. There will be an area of consolidation and possibly a pull back, but that will be all. The movement will continue as respectively and the technicals have shown why this will happen. The bottom line is, Technical Analysis becomes more and more relevant as technology progresses. The question is, are you resisting the technology? or are you learning how to interpret the technical tool? I hope for the latter if you are reading this.

Since the start of the 2012 year, the markets have since a nice gain and consolidation. This is a very Bullish sign for what will come ahead.  Now, in overnight trading, the US Dollar futures are starting to roll over after finding resistance at the downtrend line coming from all the way back in 2004. This, in my opinion, is what is going to cause the next rally in Commodities and the Equity Markets. Stay tuned to see where the confirmation of the break out happens.

So on the first day of trading of this wonderful New Year, the Markets breakout!!! That is as expected looking what the pattern was doing. Now we should be looking for a couple of days of consolidation and then to continue the surge to higher prices.  The US dollar is doing just the opposite just like I had said in the previous updates and the commodities are also following suit. Gold and Silver are both looking like they will resume their move to higher prices and Oil is by far my favorite for this year. Stays tuned and follow my targets for this year; this year is going to rock.