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Non-Tech : The Woodshed

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To: nspolar who wrote (7722)5/22/2004 9:09:58 PM
From: blind-geezer  Read Replies (2) of 60908
 
stockcharts.com[w,a]daclyyay[pb50!b200][vc60][iLa12,26,9!Ll14]&pref=G

dude, it is pretty clear to me that $USD
1) has a MACD crossover
2) the recent top of the MACD (mid May) is lower than the MACD top before (mid April), which is a clear divergence with price (lower top for the MACD and higher top for price)...

okay, $USD down she goes !!!

reminder

US Dollar Index (USD)

The U.S. Dollar Index® is computed using a trade-weighted geometric average of six currencies. The six currencies and their trade weights are:

Euro 57.6 %

Japan/yen 13.6 %

UK/pound 11.9 %

Canada/dollar 9.1 %

Sweden/krona 4.2 %

Switzerland/franc 3.6 %
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