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Monday, October 17, 2011

This Week in Chart

The USD may start to resume it's climb, after a nice pull back for two weeks.
I think it all depends on USD move where the market goes from here.
A never-ending-decline of USD with never-end-rise in the market isn't possible, nor desirable.
So something will shift.

From a charting perspective, we are in our range created after the multi-year trend breakdown.
So for now, its watch and see.  I am still very nervous that the market breaks down from here.....but when am I not?   :)

To the chart

From WebSufinMurfs FinancialBlog2

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