A 'major long-term trend change' in the dollar
One of the biggest stories over the past few years has been the strong dollar.
But that may be about to change, according to the latest technical analysis from Nautilus Investment Research's Tom Leveroni and Shourui Tian.
"The US Dollar Index is poised to signal a major long-term trend change this week," they wrote in a note to clients.
Leveroni and Tian note that in 12 of the 14 times the US Dollar Index crossed below its two-year (100-week) moving average, the index fell three months later.
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