CT’s call for low in July around 96 on the US Dollar index was early, but that has not changed the long term point of view, which remains bullish. The low in 2011 was the end of a secular bear market. The six-year advance a cyclical bull market that kicked off a new very long term bull in the greenback. On a short basis, the index should have made a low panic Wednesday, August 5, 2020.
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