mexican standoff, page-35

Toll, there are more buyers than sellers. Up 36% since October and in a strong uptrend with resistance at 1.54. I anticipate it will be broken and move to 1.66 in the short term. However, if your strategy is to wait for it to fall to 1.30, then you will be catching falling knives. You certainly don't want to be buying under 1.36 support, as the uptrend will be done for and it will likely hit 1.18 where it was in October and go lower still. It's never going to happen. SXY is still cheap and is now on the up, if that fits your strategy, just a thought? Just think you are kidding only yourself on DLS.