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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.08-0.8%Nov 18 4:00 PM EST

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To: pater tenebrarum who wrote (44992)4/5/2000 6:39:00 AM
From: Dave Shares  Read Replies (1) of 99985
 
<<note that the dollar has held up very well so far>>

Heinz,

I haven't finished catching up with posts on this thread, but on my P&F charts, the June dollar index has given a sell signal and since I move trend lines like Chartcraft, I show a violation of the bullish support line.

Disclaimer: I went short on the dollar at 105.80 yesterday when it was holding up very well but the overall intraday market decline had begun, the chart has been looking to me like it is rolling over.

David
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