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U.S. Dollar

 
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Mon Oct 25, 2004 10:51 am    Post subject: U.S. Dollar Reply with quote

The US dollar December futures chart gapped down when the dollar was already in oversold condition. This gapped down at the bottom now alerts us to start walking for a Candlestick buy signal.
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Wed Oct 27, 2004 6:48 pm    Post subject: Crude oil Reply with quote

Crude oil is starting to break down, it should probably come back to the 50 day moving average at about $48 a barrel. They should start adding strength to the US dollar.
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