Looks like a head to me but it's too short of a time span to have any meaning. I don't think that kind of chart pattern is all that applicable here.

However, every technical indicator under the sun is at wacky, overbought readings on the dollar matching fundementals that are like a giant "sell me" sticker on the back of the greenback. When fundementals line up with technicals in such a manner it usually only means one thing and that is that the said vehical will move in the direction it's being pushed.

Of course, on the flip side, gold and gold stock technicals are all off the map on the oversold side. If ever there was an opportunity for short term gains, this is it but beware it is likely just a bounce we'll see that will end as suddenly as it begins, if in fact it begins.

Mind you, if Obama gets elected, we could see a huge stimulus package along with a massive infrastructure package that could put a very quick end to the recession and hasten inflation and a return to the workings of the secular bull market that we assume we're in.