Finally the Dollar has reversed its down slide! Since the Dollar broke out the 6-year down trend line in September 2014, it topped in March 2015. From March 2015 to September 2017, the Dollar has gone thru a very complex ABC flat correction pattern.
Finally the Dollar has reversed its down slide! Since the Dollar broke out the 6-year down trend line in September 2014, it topped in March 2015. From March 2015 to September 2017, the Dollar has gone thru a very complex ABC flat correction pattern.
The relationship between the U.S. dollar and the stock market is one of the most complicated and confusing subjects. Historically, stocks have done well during periods of dollar weakness and dollar strength. The dollar’s impact on stocks needed to be filtered through the lens of the commodity markets. A falling dollar, for example, can be bearish