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Non-Tech : The Woodshed
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To: nspolar who wrote (2050)3/8/2004 7:43:22 AM
From: skinowski  Read Replies (2) of 60899
 
Interesting view on USD, ns... Longer view aside, the crucial question is whether or not the latest bounce is a little "4" - or a beginning of a correction of the entire decline, which would imply a rally for several months. I posted several days ago that, imo, it is a small degree "4" - with the implication that another five-waver down is likely to take place in the near future.

Generally, I like Onischka's broad view (he also offers good critical levels to watch in case he is wrong on the small scale) - click on EURO/USD:

babelfish.altavista.com
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