October 14, 2019 06:20 AM RSS

U.S. Dollar About To Rise?

  • Wall Street Rebel | Geoff Garbacz
  • 04/12/2018 07:37 PM
U.S. Dollar About To Rise?

In our weekly review of the major asset classes, the U.S. Dollar is one of the only instruments we track that is positive. Over the last year,
the majority of the time the U.S. dollar has been in a downtrend.



The chart we use is the 50 Day Adjusted Rate of Change which is a measure of the slope of the 50 day moving average. When it is heading higher,
this is a plus for the U.S. Dollar and a negative when it is dropping. If the U.S. Dollar begins a substantial rally period then gold as well as small cap and
mid cap ETFs and stocks could suffer.

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