The dollar index bulls have faded and near-term chart damage has been inflicted to suggest the index has put in a near-term market top.

FORBES: Comex Gold Weaker Amid Firmer U.S. Dollar Index, Weaker Crude Oil

The dollar index bulls have faded recently and near-term chart damage has been inflicted to suggest the index has put in a near-term market top.

FORBES: Comex Gold Ends Lower On Profit Taking Firmer U.S. Dollar Index

The dollar index bulls are fading fast and near-term chart damage has been inflicted to suggest the index has put in a near-term market top.

FORBES: Comex Gold Ends With Solid Gains As U.S. Dollar Index Sinks

The dollar index bulls are fading and near-term chart damage has now been inflicted to suggest the index has put in a near-term market top.

FORBES: Comex Gold Solidly Higher, at 3-Week High, As U.S. Dollar Index Slumps

Some chart damage has been inflicted to suggest the dollar index has put in a near-term market top.

FORBES: Comex Gold Ends Weaker On Firmer U.S. Dollar Index, Lower U.S. Stocks

Breaking down the energy index, it was gasoline, which rose 9.1% according to the index, which caused the most damage.

FORBES: Rising Gas Prices Fuel Inflation As Headline CPI Hits Highest Level In More Than Three Years

The iShares MSCI Japan Index (EWJ) shows the same technical damage and was trading 7.6% lower pre-market Tuesday in New York.

FORBES: Blackouts, Panic And Eventually A Big Buying Opportunity

Serious chart damage has occurred in the stock market recently and the stock index bears do have the solid near-term technical advantage.

FORBES: P.M. Kitco Metals Roundup: Comex Gold Hits New High of $1,817.60, Then Backs Off Sharply on Profit Taking, Margin Hike