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发表于 2009-9-19 07:42 PM
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本帖最后由 jackyking 于 2009-9-19 23:22 编辑
thanks for the good analysis. However, the good volume on UUP last Friday was probably because it was an OE day, whether USD has hit a bottom and ready to spike up has yet to be confirmed. Should Monday confirms the bullish reversal, could we say the v of wave 5 of USD was completed last week.
One thing we ought to pay attention to is SSEC, if SSEC continues to slide on Monday, it for sure would bring some pressure to the US markets. Considering China's economy is in a much better shape than that of the U.S. and yet SSEC has not be able to make higher high after it peaked in early August, it's hard to believe that the fundamentals can support a sustained growth of the U.S. cash market without a weakened USD. |
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