BullBear Trading: Stock and Financial Market Technical Analysis

Dollar rally continues...markets weaken...

Notice that on the Microtrendlines chart, the $NDX did manage to strike the trendline (barely), but has formed a small double top...

A time to be alert...If the dollar rally gets real legs, the equities markets could have real problems...

I've been anticipating this for about 3 months, but we still are waiting on the needed verification....all eyes on the dollar...


For a version of this chart you can click on and 'blow up' for better visibility, go to http://marketmathematics.blogspot.com/

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Comment by BullBearGirl on December 8, 2009 at 9:32pm
It sure has been a long wait!

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