Carl Futia

Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time

Thursday, December 15, 2005

Here is an hourly chart of the cash US Dollar index.

The market has rallied to resistance and now should drop to 88.80 or so.

Carl Futia: I write two financial blogs. The first is Carl Futia.On this blog I post daily "guestimates" of the current trends and trend potential in important markets. My second blog, Carl Futia Real Time, is subscription based. It is a real time trading seminar in which members receive my real time analysis of the E-mini S&P futures and can watch me trade them. In this seminar I explain how I calculate support and resistance levels and how I recognize market "rejections" of support or resistance which then determine the current trend directions.

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