Bloomberg said the rise in the dow just now is a result of short covering before obamas speech. My bias is still up toward 4275 but utimately the 4h 55ema.

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His strategy is difficult for me to understand.

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Dollar index falling nicely...hold those longss

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Agreed.

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I dont know much about this. If i just heard correctly on bloomberg both Obama and Bernanke are speaking today? Could get wild!

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Im long again from 4216

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Magix that is no longer a support level as price has now traversed the level alot of times. Look at the 4100/20 zone. That's some nice support.

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Well we failed to make a higher high yet but this move was just from a 50% of a nice pivot off of support around 4100. DOW is above its daily open and dollar index is forming a doji on the hourly. If Obama is positive I see us going up.

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The Dow and Dollar Index.

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In case anyone wondered, we just pivoted off of the daily open (00:00GMT).

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You will love it. Especially for the dollar index and dow. Two live feeds you must have at your finger tips. Nice longs btw. I was in from the low 80's and closed my three lots for +50.

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Nikkie, S&P, Dow, Nasdaq, Dollar Index, Euro Dollar Index and CFD in Meta Trader. I tried posting this link before for the MT4 demo but it didn't work. Enjoy! url

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Daily dollar index. Diverging as well. Be careful.

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I kept picking off the 50% retracement level

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Actually I agree with us seeing 4300 again .. Based on the rally out of that ares I would assume there is still some selling interest there .. Moreso now from retailers as well after seeing how fast price left the area last night. Its a range game ...

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What a move overnight! Wow... Too bad I didn't get filled on a sell ... Hit what would have been target. Everyone still thinks 43 eh? Even with the DOW tanking once again?

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Im not convinced thats the turning point for a southward move ... It's obvious resistance but I would still like to see us flirting with the gap area for a short

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need some resistance to sell at.

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That doesn't help us get in

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Are you planning to short into this?

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