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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: High-Tech East who wrote (13637)	7/21/2002 11:32:39 AM
From: High-Tech East	Respond to of 19219

... on the bullish side of things, the US Dollar Index continues to be strongly set-up to be long - that is, when the short term trend changes ... since early May, the commercials have been net long the dollar more than they have been since at least 1986 (they must be getting killed or it is a hedge for them) ... while public sentiment is also lower than it has been since 1986 ... and the ADX is an astonishing 76.63 ... ALL VERY BULLISH FOR THE DOLLAR ... ... gold continues to be set-up to be short (also when the trend changes) ... since early June, the commercials have been net short the dollar more than they have been since 1995 ... while public sentiment is higher than it has been since 1996 ... BEARISH for GOLD ... ... but perhaps these Larry Williams technicals are not working well now in these strongly trending markets ... Ken Wilson