Tuesday, June 15, 2010 10:29:59 AM
$USD Dollar Index chart analysis
http://gicharts.blogspot.com/2010/06/us-dollar-index-chart-analysis_14.html
1) Uptrend is "intact"
2) Was overbought ...
3) See that red trend (Parabolic) ? Never liked those (I prefer an up the stairs pattern)
4) Expecting a sideway trade (see yellow levels )
5) Green arrow = Expected scenario
http://gicharts.blogspot.com/2010/06/us-dollar-index-chart-analysis_14.html
1) Uptrend is "intact"
2) Was overbought ...
3) See that red trend (Parabolic) ? Never liked those (I prefer an up the stairs pattern)
4) Expecting a sideway trade (see yellow levels )
5) Green arrow = Expected scenario
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