We could be at a major turning point for a variety of stocks, commodities, and foreign currencies.
Even if debt ceiling raised, spending may still be slow.
With all the various indices, it can be devilishly hard to define.
The Dollar Index has inched down, and the Currency Shares Euro Trust has inched higher.
A few day rally could change the picture, but right now it appears that more dollar weakness lies ahead.
Meanwhile, the currencies of other countries are doing better.
The dollar is a good bet on the short side, and buy the yen on dips.
Dollar gets stronger, but euro's not that bad off.
The On-Balance-Volume line on the Currency Shares Euro Trust ETF is pointed lower, suggesting further weakness ahead.
Countries have shown that equities can be marked up as paper money is marked down.

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