SPY 200 Day SMA Test, $SPY $UUP

$SPY @ 200 Day SMA

  • Important level to watch

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Bold Statement by Jim Rogers (March 2016)

Source: http://www.bloomberg.com/news/articles/2016-03-04/jim-rogers-there-s-a-100-probability-of-a-u-s-recession-within-a-year

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“It’s been seven years, eight years since we had the last recession in the U.S., and normally, historically we have them every four to seven years for whatever reason—at least we always have,” he said. “It doesn’t have to happen in four to seven years, but look at the debt, the debt is staggering.”

$UUP (Monthly Chart)

  • Jim Rogers is a famous “long term” investor
  • announced his investment in the dollar

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