Dollar Finally Rally Before Its Coffined

Dollar Index is enjoying its final rally before going into multi decade low.When dollar speaks the rest have to obey as dollar is not backed by the its currency as it says but backed by the MILITARY, And many have you been reading/watching about the current ongoing strikes around the Middle Eastern Countries.Okay lets take a look short and longer view.

Short Term Analysis:

Shorter term dollar futures says its in ascending triangle consolidation phase.Once it breaks it will rally to target of 50% retracement of entire move of 2008-2011 which is 80 on index drawn with green horizontal line.




Longer Term Future Analysis:

Dollar long term futures is bearish as it formed inverted C & H for the past 20 years with 3-4 year s of handle based on the time analysis if you look at the spot longer term.Once 80 target is achieved we will have water fall decline all the way to 66 for initial bounce and 55 for the target.





Longer Term spot Index:

July 4 Spl Documentary : The Money Matter

The Money Matter is award winning documentary back in 1996, Its definitely boring 3 1/2 hours based on the personal choice(s) but it covers wide variety of topics which the current markets facing the problems around the world and these topic are center stage at the moments.The topics are

1.Fed Reserve
2.Bond Market
3.Fractional Reserve
4.Monetary Policy
5.Central Banking.