Dollar Index

This is the March Dollar Index daily chart.  I want to point out that it is in an expanding downtrend.  The EC and SF charts look just the opposite.  The dollar has been my focus this morning although it and many of the currency futures have already made large moves which may continue.  

I'm neutral stocks here and think crude and gold are being helped by the dollar weakness but their respective up moves are probably limited.  We saw the potential correction coming in crude from the end of last week but I think it will largely run its course in the low 50's.

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