Summary
New lows are significant.
The bounce – currencies are less volatile than other assets.
Central bank policies are confusing.
Commodities are sending signals.
The trend is your friend.
As the weekly chart highlights, during the week of November 30, the dollar traded to new highs and then closed below the lows of the previous three weeks, creating a bearish key reversal trading pattern on the weekly chart.
….for more analysis and Larger Chart go HERE
related:
Eight “New Normal” Charts That Are Insanely Abnormal — and Dangerous
