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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who started this subject1/4/2001 4:59:53 PM
From: Chip McVickar   of 12411
 
The Swiss Frank and Dollar Index are showing classic signs of reversal. They should both revisit their respective 1995 price levels.

The double top in the dollar index is a classic "M" pattern.
futures.tradingcharts.com

The Swiss Franc and it's double bottom are in the early stages of a classic "W" pattern.
futures.tradingcharts.com

The last time I brought up the "W" was for the Utilities. <smile>

Monthly charts suggest they both have a long way to go...!
Dollar should see 100.00 and eventually 0.80 over time.
futures.tradingcharts.com

Swiss Franc should carry forward to .7500 where it will find resistance and then on to .9000
futures.tradingcharts.com
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