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October 25, 2011

The Day the Universe Changed

The dollar's persistent weakness has at long last given us no choice but to recognize an intermediate cycle decline in the works. The drop to a new low in today's session leaves us with an irrefutable interpretation. Whether September 15 or September 28 is recognized as the daily cycle low, we have a left-translated daily cycle on our hands. The long dollar trade has lost its ...

 

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