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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (123591)9/1/2005 3:52:13 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
<<,,,,The USD did not follow though on the bullish pattern ...>>

Today's downdraft not very appealing, but IMHO has not broken the generally bullish pattern from Dec's low......

Sorry, no way I can annotate a chart....but here's an update to this afternoon.....(on a bright white chart...g) So long as the Feb high is not overlapped, believe this can still be counted, from Dec, as 1-2-3-4 or, alternatively 1-2-i-ii-iii-iv ( 4 or iv in progress).

And btw,,,note that prices still moving above a rising 200d MA....gg

As I said earlier,,,,,,,,lots of dust (from extraordinary exogenous events) needs to settle here........

(oops....almost forgot.....USD 100 or bust!!..LOL)

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