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


To: Jack of All Trades who wrote (1645)4/20/2001 2:03:31 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
Dollar is DX01M nearest month

euro is EU

These folks have it as well:
futuresource.com

BTW Silver(AG) chart is looking just like Gold.

IMHO, the dollar chart implies that traders have done a complete about face....! Are they now believing there's an increased potential for a strong US economy later in the year and this is no longer bullish..? Or perhaps the dollar is being sold because interest rates are not Falling.... Have you checked TYX...?

Something is wrong, but it's early, move strength is unknown and it's still to early to confirm the sentiment has changed. But clean "M" patterns can be powerful.

I remain warned and ready...for a market breakdown...! <smile>