One of the biggest stories over the past few years has been the strong dollar. But that may be about to change, according to the latest technical analysis from Nautilus Investment Research's Tom Leveroni and Shourui Tian. "...the US dollar Index is poised to signal a major long-term trend change this week," they wrote in a note to clients. Leveroni and Tian note that in 12 out of the 14 times the US dollar index crossed below its 2-year (100 week) moving average, the index fell 3 months later. ...
One of the biggest stories over the past few years has been the strong dollar. But that may be about to change, according to the latest technical analysis from Nautilus Investment Research's Tom Leveroni and Shourui Tian. "...the US dollar Index is poised to signal a major long-term trend change this week," they wrote in a note to clients. Leveroni and Tian note that in 12 out of the 14 times the US dollar index crossed below its 2-year (100 week) moving average, the index fell 3 months later. ...
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