Thursday, September 8, 2011

DXY 200 dma is here

Dollar index is at 200 day moving average. This gives me a pause. I have been on this train since August. It is important to take profits and be cautious at very important resistance. Should it plow through, we can buy back the scaleouts. Runner is to be left alone though. You just never know where this goes. If it takes the 2008 route, it will fly a lot higher...

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