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Editor's Note: The chart and blurb below are from today's Morning Newsletter written by Hedgeye CEO Keith McCullough. Learn more and subscribe today.

CHART OF THE DAY: U.S. Dollar TREND (3 Months or More) vs. TAIL (3 Years or Less) - z 05.15.15 chart

...Since I write every day, I spend a lot of time trying to contextualize the TRADE (3 weeks or less) within the TREND (3 months or more). But especially during times like these, it’s critical to attempt to have a view of what TRENDs are doing within long-term TAILs....