Video: How Low Can the Dollar Fall?

Jun 2, 2009: 7:41 AM CST

Adam Hewison of Market Club released a video this morning entitled “How Low Can the Dollar Fall?” or with a more ‘dollar friendly’ subtitle:  “How Does the Dollar Affect Crude Oil?

In the video, Hewison takes multi-timeframe views of the US Dollar Index (moving from the monthly chart down while highlighting key “Trade Triangle” Trading Signals that have occurred).  He reveals that a new “Monthly Trade Triangle” Sell Signal has occurred and what that might mean for the index.

Sometimes I’m convinced Adam reads my blog, or at least we’re on very similar wavelengths in our analysis!  Just last night, I posted my own take on these two markets in my comparison post “New 2009 Highs for Crude Oil and New Lows for the Dollar Index.”

In the intro to the video, Adam writes:

“I had to look back to September of 2008 to find the last series of videos I had done specifically for the Dollar Index, and it proved to be successful.

In today’s video we will look at the Dollar Index and the impact it is having on crude oil (NYMEX_CL) and other major markets. I’ll also make a rather surprising prediction as to the most likely trend the dollar is going to take in the next 12 months.

This is a video you will not want to miss as the ramifications of inflation and the dollar are rather shocking.

I will show you how MarketClub Members (link to join) has used the same approach in the same market using our “Trade Triangle” technology to trade this index and just how successfully this approach has been.”

Adam wanted to remind you that these videos are always available free of charge and you’re not required to give your email address or any personal information to see these video updates – that’s why I’m so supportive of his analysis.  If you like what you learn, you always have the option but never the obligation to join.

Thank you to Adam and staff for making these available to us!

As an updated disclosure, I am a commissioned affiliate of the Market Club.

Corey Rosenbloom, CMT

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