Posted by varmercur on 8th of Oct 2014 at 05:14 am
Also - the US Dollar Index futures appear to be close to a
possible break downwards of the HS neckline in the 85,60-85,70 area
- that would give a textbook target of around 84,60 - and probably
also pull commodities up.
Posted by varmercur on 8th of Oct 2014 at 05:38 am
Steve/Matt,
what are your opinions on the US Dollar Index - are we going to
see a new and clearer right shoulder build for an HS from the
neckline around 85,60-85,70 - or are we going straight down. The
PM's would respond accordingly I presume.
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Also - the US Dollar
Gold up today, gold stocks down hard
Posted by varmercur on 8th of Oct 2014 at 05:14 am
Also - the US Dollar Index futures appear to be close to a possible break downwards of the HS neckline in the 85,60-85,70 area - that would give a textbook target of around 84,60 - and probably also pull commodities up.
Steve/Matt, what are your opinions on
Posted by varmercur on 8th of Oct 2014 at 05:38 am
Steve/Matt,
what are your opinions on the US Dollar Index - are we going to see a new and clearer right shoulder build for an HS from the neckline around 85,60-85,70 - or are we going straight down. The PM's would respond accordingly I presume.