|
|
|
|
Created on: 5/4/2021 3:11:49 PM Last Update: 5/4/2021 4:20:17 PM Posted by: RTT
WARNING: This entry is 754 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Yellen can not stop the dollar decline
|
 Printing money results in a lower currency, so long as the currency does not fall too fast.
Previous Post: US Dollar Forecast - Weakness
Here are the very strong fundamentals for a lower US dollar:
(a) US inflation exploding.
(b) Massive US twin deficits.
(c) Better conditions in Europe.
However French election worries in 2022 Q1 and Q2 may provide US dollar strength (via European weakness) after Christmas, but this strength may come after a low in the DXY near $84.
It looks like Yellen knows a down swing in the US dollar is near because today she jaw bones strength into the US dollar.
..."It may be that interest rates will have to rise a little bit to make sure our economy doesn't overheat''...
Update1: Yellen Reverses Earlier Hawkish Comments Entirely, Says "I'm Not Predicting Anything"
Or maybe she does not mind standing on Powell toes to goose up the US dollar to allow her WallStreet friends to load up on risk on assets before the dollar sinks.
Dollar chart 1 - Fundamentals are bearish.
Click for popup. Clear your browser cache if image is not showing.
Dollar chart 2 - Break down is near
Click for popup. Clear your browser cache if image is not showing.
NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.
Support this work by buying us a hot drink by CLICKING HERE. If you would like make greater contribution, please make a donation by CLICKING HERE
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
..."Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics."...
William D Gann
.."It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt."..
Mark Twain
..“It is much harder to sell stocks correctly than to buy them correctly.” Because of the emotional aspect of trading, if a “stock went up, the average investor would hold because he wants more gains – he’s exhibiting greed. If the stock declines, he also holds on and hopes the stock will come back so he can at least sell and break even – he’s hoping against hope”..
Bernard Baruch
.."A radical is one who speaks the truth."..
Charles August Lindbergh Snr
.."Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"..
George Soros
|
|
|
|
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
|
|
 | Pages |
| | 1. Blog Performance Review |
| | 2. List of the best blog posts |
| MostRecent |
|  | Bitcoin has found its natural vibration - Update |
| | The Dow has found its natural vibration |
| | SP500 cycle low has bearish sentiment support |
| | Stagflation now, as deflation risks grow |
|  | Monetary Debasement Cycle Review |
 | Ney(1) |
 | | US Dollar with Ney and Gann Angles |
 | Crypto Currency(25) |
| Central Banks(16) |
| Crisis Watch(9) |
| Wyckoff(3) |
| Cycles(4) |
| Gann(13) |
| Chart Review(17) |
| Browsing(120) |
| RTT TV(15) |
| Sector Watch(28) |
| RTT Tools(43) |
| Wyckoff 2.0(42) |
| Mystery Trader(6) |
| | Elliot Wave within Wyckoff Logic |
| Market Strategy(71) |
| Cycle Review(72) |
| Swing Trade Idea(48) |
| Market Calls(23) |
| Investors(105) |
| | Hidden Pivot Point and Wyckoff logic |
| News(7) |
| Bonds(19) |
| Metals and Forex(163) |
| Gann Wyckoff Hurst(119) |
| Wall Street(25) |
| Ticker Review(35) |
| Uncategorized(2) |
| | Bitcoin Chart Review |
| Market Review(96) |
| Jokes(28) |
 | Economic(92) |
| | Stagflation now, as deflation risks grow |
| | Love of property investment will die |
| | Money supply crash will force a sharp FED reaction |
| | Powell has a debt problem |
| | Powell doing a Volker to crush inflation, yeah right! |
| | Bubble Watch - Maybe it only just started, Dow 50000 - Update 1 (RTT Plus) |
| | Bubble Watch - Maybe it only just started, Dow 50000 (RTT Plus) |
| | US is bound by these economic rules (RTT Plus) |
| | Dow Jones Utility index could trade like the FANGs |
| | Funds are getting ready to move out of USA |
| | US Economic Review 2019Q4 |
| | Bond Market, Houston we have a problem! |
| 202305(3) |
| 202304(4) |
| 202303(2) |
| 202302(4) |
| 202301(3) |
| 202212(4) |
| 202211(3) |
| 202210(5) |
| 202209(3) |
| 202208(4) |
| 202207(4) |
| 202206(3) |
| 202205(5) |
| 202204(3) |
| 202203(3) |
| 202202(2) |
| 202201(4) |
| 202112(5) |
| 202111(4) |
| 202110(3) |
| 202109(5) |
| 202108(5) |
| 202107(8) |
| 202106(9) |
| 202105(7) |
| 202104(4) |
| 202103(7) |
| 202102(6) |
| 202101(8) |
| 202012(3) |
| 202011(5) |
| 202010(3) |
| 202009(4) |
| 202008(4) |
| 202007(4) |
| 202006(3) |
| 202005(5) |
| 202004(4) |
| 202003(10) |
| 202002(5) |
| 202001(5) |
| 201912(5) |
| 201911(5) |
| 201910(7) |
| 201909(5) |
| 201908(4) |
| 201907(5) |
| 201906(5) |
| 201905(7) |
| 201904(5) |
| 201903(8) |
| 201902(5) |
| 201901(6) |
| 201812(4) |
| 201811(5) |
| 201810(7) |
| 201809(4) |
| 201808(6) |
| 201807(5) |
| 201806(4) |
| 201805(7) |
| 201804(6) |
| | The Power of Simple Moving Averages - Hurst Cycles, Part 4 |
| | The Power of Simple Moving Averages - Crude Oil Warning, Part 3 |
| | The Power of Simple Moving Averages, Part 2 |
| | RTT browsing latest.. |
| | Silver COT Reports are bullish, cycles will tell us when. |
| | The Power of Simple Moving Averages, Part 1 |
 RSS
Atom
FeedBurner| Email Delivery
Blog Links
Symbols used in blog
AAPL AMZN AORD AUY BB BTC COP CRUDE DIA DJI DXY ETH EUR FB FXE GDX GDXJ GLD GOOG HL HMY HPR HUI INDU JJC LTC MCD NCM NEM NFLX OIL PALL QQQ RGLD SLV SPY SSEC SSRM TLT TNX TRAN TYX UAN URG UTIL VIX XAU XLE XLU
|