Sunday, January 31, 2010

Dollar Index!!! Strength Ahead


Dollar index would start its wave 3 on the upside. Commodities & Equities have already shown the effect on rising dollar. The Head & Shoulder at the bottom also has a target of 81 levels

GOLD...Moving as Expected


Gold has resumed its downward trend after the x-wave retraced between the 50-61.8% region of wave w. The equality of w& y gives the target of 1020. This is the same target for the Head & Shoulder formation at the top.