US Dollar Index new top?
In the last decade, top for US Dollar Index is 120. However in the last few years, US Dollar Index fails to break 90 in 2005, 2009 and 2010. See US Dollar Index chart below.
Archive for July 2010
$SPX - Time to short?
While the world is going to enjoy 2010 World Cup Final between Spain and Netherlands, mode of global investors may be spoilt by possibly next more than 10% correction. Main reason for the short term bearishness is weak rebound in lower volume. The risk of major downturn will be greater when $SPX cannot hold 1000 level. Next major support for $SPX is 800
Me !