Tuesday, February 22, 2011

2/22 noon

I missed a trick on the DX dollar index.  It is still in bullish mode vs. it's 90-minute M/A which has an envelope that will only be broken on a decline below 77.62.  DX hit 77.635 on it's decline this morning but I did not buy in.
In the stock market DJI and XMI have held above their lows and I'm bearish again on a break of 12,135.

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