Flight to ‘safety’ is back in style

Doug McLagan and I were on the same, bullish track when we posted, respectively, bullish touts for the December Dollar and the NYBOT Dollar Index. Note that this is corroborated by the improving outlook for the December T-Bond. Some may have given it up for dead, but it has moved within easy distance of a peak1 whose breach would create a powerful impulse leg on the hourly chart.