Blew right through the resistance, headed to the next. Almost impossible to short foreign index ETFs with the dollar tanking.
The tanking dollar will obviously lead to inflation, even if the economy tanks next year. Funny that it was Korea that was concerned about stagflation last year.... seems like the US has more to worry about now.
Just remember we don't manufacture jack chit in the US, and everything that's imported will become more expensive. Buy your appliances before this crap goes parabolic.