Tuesday, September 22, 2009

Dollar Drops - likely completing wave 5 now

I have to get some sleep. Just checked the charts and as I expected and posted in my earlier posts...dollar has made a rebound and needed to make one more new low. We made a small wave 4 Friday and today and need to make the small (minute) wave 5 down - likely to below 76 to bottom out. Should be a very interesting day tomorrow...possible that we get a huge reversal in the next day or so as capitulation reaches an extreme.
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