The U.S. Dollar Index sunk down to test the resolve of the buyers waiting at 80.00, not that a week ago they thought they’d be tested again as the December contract headed towards 81.00. Without any bullish momentum above that major psychological level, the dollar has sunk, dashing the hopes of the bull flag that had formed and making many 2014 dollar bulls (like myself) at a loss for exactly what the dollar was discounting. The upper trendline of the (old) bull flag is valid and a breakthrough that level would also accompany a break of 81.00. This makes the upside breakout level “stacked”. Equities, gold, silver, ... (full story)