US Dollar

    Posted by matt on 5th of Oct 2011 at 11:41 pm

    Keep an eye on the US Dollar; see the attached 120 min and 60 min charts

    120 min chart, watch the uptrend line, MACD has recycled, does it want to push again?  If so would cause weakness for the market

    60 min - watch the support line, is this a H&S? a break of the support line would be bearish and would help the market

    Is the bearish option negagted?

    Posted by garyl on 6th of Oct 2011 at 08:18 am

    Did the s&P move over 1150 to negate this option in overnight trading? anyone?  or is this still an option?

    garyl -  the 1150 relates

    Posted by steve on 6th of Oct 2011 at 08:24 am

    garyl -  the 1150 relates to the cash market which during session hours. 

     

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