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Earl - Would say that the neckline was broken by way too much to
consider that pattern valid anymore, so based on the H&S you can 4get
about those projections. Personally, I still think the big trend is for
a WEAKER USD against the DEM, so in terms of the futures contract means
higher prices.
Steve Poser
Earl Adamy wrote:
>
> I had a H&S plotted for the last decline however it didn't make the target of
> 5505 and the neckline has now been penetrated to the upside so I question
> whether the H&S projection can be considered still in force?
>
> Earl
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