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An important break of support has taken place in the Dollar of late. If history is any guide, a falling Dollar is usually good for stocks and commodities!

Of late the 500 index was on key support and investors grew very bearish, IN A HURRY!  (See “Big Drop Off in Bulls” here)  Combine the support, sentiment and Dollar situation and I suspect this marke is going to surprise a few people!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past