Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Technical Decision Time for the U.S. Dollar


The time of truth for the U.S. Dollar, as it recovers from its 7.2% March-May correction right to a test of key multi-week resistance at 95.80 to 97.00, which if hurdled and sustained, will confirm that a new upleg is in progress, destined for new highs above 100.39.

Of course, most of impetus for DXY recovery strength has come from Euro weakness in reaction to QE supportive comments and actions from ECB Heads, and from bond purchases. To the extent that the ECB remains fully committed to QE, the DXY will derive renewed tailwinds within its otherwise dominant, intermediate-term uptrend.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!