Sunday, January 11, 2015

Soybeans

Soybean prices as a predictor of weak U.S. dollar?

The striking thing about the beans is the chart pattern, a rising triangle as a bottom formation. One of my favorites by the way.

But I've noticed similar patterns in the gold miners also.  Kind of...

And some of the other currencies are in a range, particularly the Japanese Yen.

It is about time for some respite from the "King Dollar" story for awhile. Some doubt must be allowed to fall.




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