DOLLAR AND DJI (the Blue INDU in Charts below)
How does Rising Dollar Relate to DJI?
Both up 2014
Rising DJI setups strong Dollar 10 months later.
Rising Dollar and falling DJI for 7 months sets up new bull
market in 2008-2009.
Rising Dollar does not prevent Bear Market starting in
2000.
What do DJI NCs of Dolar new high mean in 6 month uptrend?
October 2014 - DJI declined to lower band.
July 2001 - DJI declined below lower band.
2000 (2) - two declines below lower band.
May 2000 - DJI started a long bear market.
June 1999 - Correction in DJI started a month later.
August 1998 - 19.5% correction followed.
What do Failures of DJI to rise with Dollar?
Nothing - Sept 2012.
What happens to DJI when Dollar breaks its uptrend?
DJI rose in Sept 2012
DJI rose in July 2010
Nothing - Dec 2008.
What does falling Dollar mean for DJI?
After 7 months of Dollar decline, DJI fell 17% on budget
impass in July 2011.
Short-term Dollar declines led to DJI rallies: July and
Sept 2010
After 11 months of Dollar decline, DJI fell 10% in April
2010
After 7-10 months of Dollar decline, DJI started a deep
bear market - 2007.
After 8 months of Dollar decline, DJI started a big advance
in last half of 2005
Only 7 months of Dollar decline and flat DJI failed to
break the DJI down by much. 2004-2005
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