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

To: Patrick Slevin who wrote (1732)	5/1/2001 11:37:32 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12410

Canadian is powerful Pat. Weekly charts are strong for a move up. Bars.. forks.. spirals.. time.. everything is set. RSI 5 has a divergence too. Take Care, Chip

To: Patrick Slevin who wrote (1732)	5/2/2001 3:36:13 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12410

Notes on Canadian Dollar Supporting a Gold move higher scenario. This weekly chart of the Canadian dollar June with RSI-5 period overlay. charts.barchart.com. Notice the divergence...! Market will move quickly higher after it breaks and closes above ^6525 Move should take 23 weeks to complete...., with trend changes in 4 weeks and 6 weeks. They'll be problems around ^6525... ^6566... ^6615...and again at ^6650. Later at ^6700... ^6825 and ^7850 Pitchforks on the weekly charts are working with strength, forward fork is rising and looking at ^6600. Major fork off week 5/7/99 handle has carried the market beautifully, and suggests the upper tine at ^6650 and falling is an easy target. Spirals have plenty of room with an wall at ^6575. I'll keep track of this post and see where it takes me...!<smile>