The once almighty $US has just (or almost?) completed a beautiful Head and Shoulders top with a part down the middle of the Hair...

A more perfect picture of weakness would be hard to find as the index dropped under the 50 day MA for perhaps the last time this fall. (I hope).

Will there be a bounce from here to test the 50DMA...or will it just plummet from here to 80?

Anyone's guess. Here's the data:

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=d6

lotus petals,

gildage