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USDINX Consolidating towards to south side PDF Print E-mail
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The index seems to be setting it's sights on a low push as it begins consolidating in the lower half of the Range seen in the last few days. 75 is putting up a good deal of support since the Bounce yesterday afternoon. Fifteen minute before the closing of the market, the DJIA al down a little over 24 points, and other major idexes are negative also. THey have not given up the gains made yesterday, although they were weak all day. Going forward, the USD may stay range bound throughout the week. The one dangerous spot in the mix is Thrusday. Look back at a few days on either side of turkey day and you'll soon see what I mean. They can be volitile days.

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Last Updated on Tuesday, 24 November 2009 21:15