Chart of The Day: Game Time

Bernanke’s Bucks are on the line. We are t-minus 6 trading hours here until game time. To pander, or not to pander, remains the question…

 

I made the call on The Maintenance Man (Bernanke) in my Early Look today… and to be clear, I want to make it again:

 

  1. I am short the US Dollar into/out of the next 3-6 trading days of this FOMC statement
  2. I am long most things that anchor on the price of the US Dollar declining
  3. I am expecting group-thinkers to short low and cover high all the while

 

The US Dollar remains broken across all 3 of our key investment durations (TRADE, TREND, and TAIL). See the chart below for our resistance levels. This is one of my key macro roadmaps:

 

  1. 1.       TRADE = $79.96
  2. 2.       TREND = $81.03
  3. 3.       TAIL     =  $82.82

 

Buying red,

KM

 

Keith R. McCullough
Chief Executive Officer

 

Chart of The Day: Game Time - km811