tentative tuesday shorting, page-111

That USD is still catching my eye. It was up last night. It tested the underside of that rising wedge and closed hard up against the underside. Several times we saw this same action with the bear market counter rallies. The wedge would break down and I would think to myself "here's a go, we are gonna see another water fall". But the indices would frustratingly pop back up and test the underside of the wedge for a few days....and then collapse. We may yet see the same with the USD.

And, oh yes my point....I do have one.....the rise in the USD may in part explain lasts night market action.