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March 13, 2014

Copper Loses Major Pivot

If I seem peculiarly paranoid about a dollar rally tonight, you will have to forgive me. How many times in the past couple of years have we seen the dollar configured nicely for a plunge only to be struck with a forceful rally that truncated a daily or intermediate cycle? Today, the DX produced a potential warning of a cycle shift by posting a bullish reversal. And although the daily cycle still sits a couple sessions shy of its normal timing band, the intermediate cycle is ...

 

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