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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (9542)11/18/2002 3:08:36 PM
From: Jim Willie CB  Respond to of 89467
 
USDollar in dangerous ground now

stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

20dayMA is declining rapidly
50dayMA has turned down (at low rate of descent)
20MA crossed the 50MA two weeks ago (when Fed cut rates)

in a few days the current price will touch the declining 20MA
a rebuff would not be surprising

both daily stochastix and relstrenk are showing positives

a rectangular box is evident from Aug-Sept-Oct in 105-109 range
this indicates a breakdown target of 101 here
which would send it below critical support

critical support is 104 or so, where it bounced last week
/ jim