Jim Rogers on the USD-I probably own more US dollars than I owned in many years, and certainly more than most other currencies

As mentioned for some time the S&P500 long term monthly chart has been tracking sideways this year.

This extensive distribution signified a bearish big picture and that a significant downtrend would develop.

In addition, my long term indicators have continued to warn of significant USD strength and EUR/USD weakness and these warnings have increased since 2009.