Janet's Wilted Dollars

Takeaway: This is your centrally planned market life now. Deal with it.

So, after testing Hedgeye TREND resistance of $81.39, the US Dollar Index (sadly) faded like a wilted flower yesterday.

Janet's Wilted Dollars - yell3

Reality check: This is your centrally planned market life now. Deal with it.

On a related note, I don’t think there’s a hope in hell that Janet Yellen signals a December taper. Heck, the Yen might even be a long here going into her hearing. That’s how scary dovish she is.

Janet's Wilted Dollars - lightning