Let’s talk about the U.S. Dollar.
As I've said a thousand times before, if you get the dollar right, you get a lot of other things right. So let's take a look at what the dollar is doing right now.
The question here is, “What is happening down by the green arrow?”
Write this down: The dollar is signaling a series of higher lows.
Higher lows are the leading indicator for a breakout on our immediate term trade duration (3 weeks or less). If the dollar were to go up from here, that would be very bad for a lot of things inversely correlated with the dollar.
Now take a closer look.
You can see why I shorted Oil yesterday. Look at the inverse correlation.
And if you want to know why “STAHKS” went down, just know that they go down when the U.S. Dollar goes up.
It is deflationary and also a leading indicator for a potential Quad 4.