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S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
62,685.96
(
-0.80%
)
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Dr VanNostrand

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Dr VanNostrand

Re: None

Thursday, 05/12/2011 12:19:35 PM

Thursday, May 12, 2011 12:19:35 PM

Post# of 704019
Watch the dollar - the $USD has poked it's head above the 50 day moving average and the RSI(30) is currently sitting at 49.18. IMO, if the 50 SMA tests successfully and the RSI(30) reaches 50+, the dollar is going to jump. That should presage the the next leg down in the market.
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