Stubborn as a mule…this kind of mindset can really get you in trouble.
If it wasn’t for the reasonable understanding of the “big picture” it would be very easy to just jump on the ‘long train” and passively assume the The U.S Dollar will continue to rise.
What’s also interesting to note is that no matter how much media hype, or how many days where risk is still “seemingly in the green” – world markets are still in the process of putting in a “lower high”.
After an entire month trading sideways The SP 500 as well DOW are still unable to make new highs, and are now “juuuuuuust on the edge” of tipping back to the dark side.
I hear rumors that Luke Skywalker slips over to the dark side in the new Star Wars film.
Sign of the times maybe. The timing looks right to me.