hazbin1 - the market is trading in a choppy triangle pattern,
until it breaks out of that I wouldn't read too much into this
noise; movement inside a triangle is just noise.
otherwise the Dollar is also forming into a triangle, watch the
direction that breaks but again may need more time to chop around
inside the triangle as well.
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fwiw
Posted by hazbin1 on 28th of Oct 2010 at 10:34 am
hmm, mkt down, dollar down, gold up, mkt must be waiting for POMO to start before it turns around. IMHO
hazbin1 - the market is
Posted by matt on 28th of Oct 2010 at 10:36 am
hazbin1 - the market is trading in a choppy triangle pattern, until it breaks out of that I wouldn't read too much into this noise; movement inside a triangle is just noise.
otherwise the Dollar is also forming into a triangle, watch the direction that breaks but again may need more time to chop around inside the triangle as well.