Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Wednesday, November 16, 2011
$USD Dollar Index Weekly Chart Trend Line Test Inverted H&S
Watching the buoyancy in price today to see if the black trend line is taken out to the upside. Inverted H&S in play shown by red bars. Head 73, neck line 81, should 81 give way, target is 89. This information is for educational and entertainment purposes only. Do not ivest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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