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USD Index Is Ready for a Pullback


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#1 redfoliage2

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Posted 26 February 2009 - 12:02 PM

This also will help the stock market.

#2 unosuke

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Posted 26 February 2009 - 01:05 PM

This also will help the stock market.


I appreciate your S.T. & I.T. signal updates. However, wrt this post and the US $, what T.A. presages a pullback? TIA
Current Positions: Long EEV @ 40.29, Long DUG @ 24.66, Long DXD @ 59.62, Long SDS @ 72.70, Long TWM @ 61.84, Long QID @ 48.21, Long FXP @ 20.43, Long SSG @ 43.76, Short XOM @ 69.31, Short AAPL @ 117.52

#3 unosuke

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Posted 26 February 2009 - 01:10 PM

I don't rely on flags & pennants to trade, just interesting to note.

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Current Positions: Long EEV @ 40.29, Long DUG @ 24.66, Long DXD @ 59.62, Long SDS @ 72.70, Long TWM @ 61.84, Long QID @ 48.21, Long FXP @ 20.43, Long SSG @ 43.76, Short XOM @ 69.31, Short AAPL @ 117.52

#4 redfoliage2

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Posted 26 February 2009 - 02:37 PM

This also will help the stock market.


I appreciate your S.T. & I.T. signal updates. However, wrt this post and the US $, what T.A. presages a pullback? TIA

On daily chart it's forming a potential double top. Also, with the US gov. getting into huge budget deficit and printing house is running in full speed, it's the right time to pullback and form the double top.

Edited by redfoliage2, 26 February 2009 - 02:39 PM.