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CaribbeanJim

10/17/06 6:57 PM

#34787 RE: TechniTrend #34777

TT - Do you mind me asking what extreme values you are looking at? The one I use is Slow Stoch(39) and it nailed the May 04 and May 05 bottoms, showing that this is also a major bottom and has been turning up for 3 weeks.

USD is also finding resistance at its July high and appears to be rolling over from a 70+ RSI. It would help even more if it closed below its 200dema.

I'm also liking the correlation of gold and oil. Oil appears to also have bottomed.