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Major Levels To Watch As The Dollar Gets Crushed... - general stock market

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Old 09-08-2009, 03:17 PM
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Join Date: Mar 2009
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Default Major Levels To Watch As The Dollar Gets Crushed...

The market got a gap higher on the back a major drop in the dollar as more talk of a new reserve currency emerges. As we have preached, this market is directly related to the dollar. Dollar up, markets down, dollar down, markets up. There are some major levels to watch, the resistance and master level for the day is $103.00. Master support is $102.50...If that breaks, watch the $102.00 gap fill. This market looks weak and could come in. Watch the dollar as well.

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