U.S. Dollar Bear Market
Currencies / US Dollar Jul 28, 2016 - 08:44 PM GMTBy: Gary_Savage
The first stage in a bear market begins with a severe drop below the 200 day moving average. This serves as the shot across the bow warning. Then there is usually at least one more attempt to recover the 200. When it fails the bear market starts in earnest. The dollar has dropped below the 200 this morning.
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Gary Savage
The Smart Money Tracker
Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.
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