Wednesday, July 15, 2009
USD is getting crushed here...
USD is doing another parabolic move to the downside the past few days.
As the USD crashes the market goes up, but slowly the USD is losing more value than the market can go up, this is how USA is losing value, slowly the USD will be so low that even if the stock market goes back to 1K the value will be far less because the USD is decaying so much.
We should close below 927, I will give more targets after the close today.