During the past 3 years, the USD & Commodities were inverse performers. US bond and equity action seemed independent of the USD. During two instances a reversal in the dollar did not influence the TMV trend (3/09 & 11/10). The $USD:$CRB chart suggests that TMV is still in an uptrend. A possible outcome scenario is depicted in the 1st and 3rd (combo) charts. (Note: the large green arrow outined in red signifies a rising USD with falling bonds & commodities).
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