Dollar still in 2nd wave? TR#326 Summary

13 août 2019

The dollar index is still in the flat correction we saw last week. The good CPI figures we saw today haven't had much effect so far. I still think it will break short but only time will tell.
As I write money is leaving Safe havens and going into the stock markets. Gold Silver Yen and Swiss franc are all pulling back and the stock markets are moving long. This may be a short term move due to a tweet or new report (jet to be determined) The world economy does not turn in a day.

This is not investment advice

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Steve Nixon

13 août 2019

Note

The move to "risk on" has happened due to news about a resumption of the US China trade negotiations