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Alias Born 08/20/2002

Re: None

Wednesday, 09/25/2002 9:51:51 PM

Wednesday, September 25, 2002 9:51:51 PM

Post# of 729
Dollar...

Looking at the one year chart there, it formed a reverse head and shoulders in July to August, moved higher and has been in consolidation now for 1.5 months after forming the inverse H and S pattern.

Classic stuff this 1.5 month consolidation... " handle ".

Technically over that period, after formong the inverse H and S pattern, for the last 1.5 months it has an ascending triangle going into resistance, with higher lows, which keeps hitting resistance.

Taking the emotion out of it and looking at the chart, forgetting the fundamentals which says the dollar should tank..... it is a bullish pattern.

You got me, I just read the charts, maybe a break out is in order here for the Dollar before it tanks again.

Manana

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