Meanwhile, the US$ keeps chuggin' ever upwards:
And the EUR continues it's fall off the cliff:
One observation here: the bullish dollar should be exerting strong downward pressure on equities, yet they are not breaking hard down. So if the US$ rally should pause, quite possibly equities might rally into the holidays, which happens to fit the seasonal pattern for equities.
After a Buy signal yesterday evening on the hourly Trend/Osc Gold went on a tear today. As before this is counter-intuitive : US$ and Gold rallying simultaneously. Got to be a flight to safety, and if that psychology turns Gold could be in for a heck of a dump. Meanwhile it's on the way up.
Silver is also on a tear, but a buy signal wasn't generated there until this morning.
