08 October 2008

The US Dollar Long Term Chart and Four Scenarios


Current Situation


Scenario 1: Failure at the Neckline with a backtest and swift decline


Scenario 2: Complex Double Top at Neckline


Scenario 3: A High that Stresses the 83 Pivot Point.


Scenario 4: The Pivot is Exceeded and 84 is Taken Out With at Least Two Weekly Closes