THE DOT - if this turns orange or red be alert

Wednesday, January 28, 2009

Dollar Index perfewct barometer of stockmarkets

The Dollar Index trades in a very close correlation to stock markets. We turned around briefly at the natural resistance for now but we need to rise to 90 before we can call it a high.As for the stock markets the green 9 counts with the support levels hold for now. Vix is today on yellow alert count rises to 12 and the Combo stands at 12 waiting to be finished. As soon as those 13's are in markets will be turning down again to test the Nov. lows finally and even make new lows.
The astrological signal of the New Moon with Jupiter worked perfectly but also the cyclical 90 days to Nov 22 nd low (which Insiide uses frequently).

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