Loading ...Anyone else follow this chartist??
Been calling for a potential breakout of the $US ( if it does break out, it could run up to @110).
Part of the reason for this he claims:
We have been aware for some time of the growing probability of a breakout by the dollar index from the large Double Bottom base pattern shown on its 2-year chart below. There are several important reasons for this. One that we have already considered is Europe’s desire to have a major war with Russia and to this end they are now trying to induct Ukraine into the European Union. This of course is impelling capital to flee from Europe to the US for fear of exchange controls, which Martin Armstrong considers likely in the future.