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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Haim R. Branisteanu3/7/2010 8:42:59 AM
2 Recommendations  Read Replies (2) of 74559
 
An observation related to the USD index.

On the weekly chart the dollar index is forming a "spinning top" if confirmed the slide of the USD v other currencies will start next week.

With massive short positions in the EUR v the USD this could be plausible, and the notion that Germany will back the establishement of an EU Monetary fund

BWDIK

stockcharts.com

explanation

informedtrades.com
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