“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Canadian Dollar and Black Gold
The top chart is the Canadian Dollar Index, with its tightening Bollinger Band Width at the bottom. Notice how similar the Loonie is to the chart of Crude Oil, as one would expect, since Canada is a big oil exporter to the US. Which one breaks out or breaks down first?