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Wednesday, February 15, 2012


The market has come within 5 handles of my predicted target and is now closing in on the 20 DMA which I have been saying is a key value.   While I expect a bounce off the 20 I am open to a challenge with the 50 DMA.

The 50 should hold, BUT if it folds then the Bears will rule with a vengeance!

1 comment:

  1. The EUR USD rallied above the short-term downward sloping trendline back on January 19. A proprietary indicator I use also bottomed out and indicated an upside move on January 16 as the pair was unable to make lower lows.sell structured settlement


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