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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (397)	12/4/2000 12:15:41 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 12411

The DX00Z Daily Chart and the Weekly Chart both point to 112.00 before any flattening out can occur. futuresource.com Furthermore, the daily chart has an well difined "M" pattern that reliably shows the DX will have a hard time getting above 114-115.00 in the weeks ahead. BTW, 112.00 is not the end of the world...!

To: Sir Auric Goldfinger who wrote (397)	12/4/2000 12:27:16 PM
From: Michael Watkins	Respond to of 12411

It was an irresistable target. So it either continues to clunk or may well rally back into the consolidation zone. Perhaps if some steam was underneath it, might move back up to 114.60 ish and then we can see if sellers assert themselves. Or it might just clunk. I've been watching the $ for many months but just in passing. However the banks I watch more actively and the triangle on the daily is interesting to me. Looks as if the lower boundary wants to be tested. A sustained break below 800 should pretty much guarantee that happens. Lots of stuff lining up here. Seems like an awful lot has to go right in order to hold (prop?) things up.