The U.S. Dollar has rallied since the summer of 2011, almost 2 years!  The rally has taken it up to a resistance line that has been in place since 2005. Bullish sentiment levels at this are lofty reaching levels hit only 5 times in the past 5 years.

The combo of this line and high bullish sentiment has resulted in the US$ taking a breather for a while.  As the US$ has rallied what has Gold, Silver, Copper and Commodities (CRB/CRX) direction been?  Not too pretty!!!

Will this set up cause the US$ to decline or will it be different this time?  Could a US$ decline have a positive short-term impact on Commodities?  Stay tuned!!!


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