Change of character?
Well, almost but not quite. In the morning trade, strangely the dollar was up big and the market was up as well. You had to wonder, was the correlation with the dollar finally ending? Right about the time you finished that thought, the market began to sell off. So as of this writing, the dollar is stronger and the market is weaker. Same bat time, same bat channel...... The dollar looks a bit overbought now short term, so the close today will be very interesting.
- Rob Roy's blog
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