THE DOT - if this turns orange or red be alert

Friday, March 6, 2009

Dollar Index having the top on the radar screen - but not yet ( red alert)

Finally we reached my target zone of 90 for the Dollar Index but we need another plus week and to push above 90 briefly. The time frame could be 2 weeks as for stocks but the volatile Full Moon next Tuesday should be a culmination point but that is not meant on that day but as all Saturn /Uranus oppositions have caused sharp sell offs the last 5 months the Full Moon exactly on it will mark a magic time frame especially with Venus retrogade today. Look for many markets to make significant turns soon. The Euro needs to dip below 1.25 again and reach our 1.20-22 target zone as well.

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I am a professional independent trader