Looking at the chart of the reserve dollar and hearing lots of negative chatter, me thinks we could see 72 by beginning of summer. By no means is this considered "falling off a cliff" Clearing 72, coming back up to test it, and then red candles after that, I would say get out your food supply, bottles water, ammo, and silver. Till then, a move from 76-72 is expected on a WEEKLY chart, but I have my doubts. The DOW and NAS look too overbought here...you see the conundrum right? We cant have a perfect world in every trade.
On a side note, I have spoken with a great friend of mine at Citi group FX, he says the dollar is going to zero. Yes, I know this sounds like a bunch of grandeur statements filled with a lot of nothing, I would tend to agree, but his calls have been nothing but astounding and bang on.
So here's the million $$ question (we should change the saying to "here's the million silver ounces question") to your dreams: Can the market rally from here?
Choose your poison.