We are headed for a battle with china currency in January, when their citizens can sell their Yuans again, and buy dollars. Yuan continuing to devalue, and then, our markets head up, why? The inevitable search for yield, the ultimate rotation, sell to buy something else that for now is heading up. Dollar gains, not good ultimately, Euro looking at heading down also. Oil heading North. Stronger dollar will ultimately be a dissaster. Trump has said it over and over again, currency with China war is on, everything else is just noise, and background music for day traders. The dark currency war cloud is forming for January. Let's see January 20 would be one of those days? But China may trump Trump's inauguration date with their cash outflows before that. Dealing with that may have to be one of his first to do's in office. And we are seeing strength levels on indicators for the CNYUSD NEVER BEFORE SEEN, they need to make more room on the indicator boxes for where this may be heading.
