Monday, August 16, 2010

Time for the Box to Pop Open!

Boxes Can Hold Surprises!


DX (US Dollar) Value directly related to Market Action on most days.  When the Dollar is Down, the Market is Up, and Vice Versa.
US Treasury Bonds in Decline due to High Demand for Safety.  Bearish for the Market.
SPY 20 Day, Hourly - Sideways Consolidation Begs for a Breakout.  Technicals are more Bearish than Bullish but that is no guarantee.
Box Breakouts are exciting to watch for.  The Trick is to catch the move.