1 reply to this topic

[Mike]

The first of 7 open gaps since December has been closed. While I'd like to see the gap at 81 get closed, it seems a long way away. We'll just have to take it one day at a time and see what develops. Meanwhile, the USD has broken out of a flag formation, gapped up, and has retested the breakout point. Now, 2/25, it has entered the resistance zone which it may break through, having made it to this level several times since Oct. '08. This should be interesting.

-MK

http://stockcharts.c...88445&r=898.png

http://stockcharts.c...32941&r=953.png

http://stockcharts.com/c-sc/sc?s=$USD&p=D&yr=0&mn=6&dy=0&i=p87749167446&a=153168062&r=927.png

[dougie]

very nice charts a buy at 88 would be my first target