Hard to believe that it can go much higher. The last 3 weeks has been 100% dollar driven upwards. Hammering the dollar every day except Friday, which was dollar strength. They would have to spend a crazy amount of money to drive the dollar down significantly upwards.
I think people caught on to the desperation of POMO on Wed & Thurs because offers to sell were on the overly large side. Hard to say what will happen now. RSI only recovered a bit today.
Might mean 134.65? Maybe they are changing up the code cause of Red?
I ran across a F/P several times. Not sure if I decoded it right but it could point to 0212011 OR 02112011.
True, could be anything……just like in elementary school, we gotta keep our “thinking caps” on……
Yeah, Soros was too distracted with Davos to dump…gotta wait until HE’s ready…
I meant, it would take a lot to drive the dollar down significantly…thinking faster than typing!
Hard to believe that it can go much higher. The last 3 weeks has been 100% dollar driven upwards. Hammering the dollar every day except Friday, which was dollar strength. They would have to spend a crazy amount of money to drive the dollar down significantly upwards.
I think people caught on to the desperation of POMO on Wed & Thurs because offers to sell were on the overly large side. Hard to say what will happen now. RSI only recovered a bit today.
I don’t think we should be focusing on the FP as being a “level”, but more likely a signal. Could it be a “percentage” level down?
A stretch, but the price adds up to the date 7/11, which happens to be shortly after money printing 2 ends.
Here’s the datestamp of the 34.65 FP on the spy…
http://reddragonleo.com/wp-content/uploads/fp-spy-34-65-on-01-31-2011-with-timestamp.jpg
It means something, but I’m not sure what?
Intraday FP of 127.69 from today…
http://reddragonleo.com/wp-content/uploads/fp-spy-127-69-on-01-31-2011.jpg