Thread: COT Reports
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Old 08-08-2004, 19:58   #62 (permalink)
Iris
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Currencia...Thank You my Friend.

I did an Analysis on USD...Gold...Eur/Usd over in Sell Eur/Usd...

See that North Train getting loaded...for a visit South to retest 1.1950...and when 1.19 breaks Da Bullish Sentiment will also.

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As an aside, the DJIA broke downside of the majic 10 grand level again on Friday, albeit slightly. Whilst minor retrace and tramping about the 10k level is likely, I do not think 10,400 will be seen again fora while. Look out below.
Quote:
Following up on the DJIA aside, this index is again and now knocking three times on 9,94x and has dropped into the 9,93x in a classic topping pattern.
COT numbers are Bearish for the DJIA...end of summer decline unfolding...Sell those Rallies...Nasty Selloffs thru the last week of August... Sept.04 DJIA should have set a 9500 Low.
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