Loading ...Figured it was leading to a hundred year de ja Vous but a little different circumstances.
Armstrong and the dollar.
The dollar has been rising against the Swiss thanks to its peg to the Euro. Of course the Swiss would love to have a lower currency for that will help their exports. The Swiss is currently trading at 9934 and a merely year-end closing above 9785 will signal that indeed the 2011 low for the dollar will hold and that a test of the 11800 followed by 12300 level then becomes possible. A closing today above 9970 will confirm a dollar rally into 2015. Nonetheless, 2016 still appears to be the start of a Panic Cycle with volatility rising into 2020 with perhaps an important turning point forming as late as 2019.
guessing that turning point may have something to do with rates and commodities.