[RT]

["Jeff" <jharteam@xxxxxxxxxxxxxx>]

Greetings Traders:

 

The attached .jpgs are the Spot Eur/Usd in the 15-min timeframe.  The downward sloping pitchfork covers the time from August 28 2008 to Friday’s closing (Sept 0 5 2008).  Intraday Median Lines suggest the Euro against the Usd is still a down trend.  The overall downward sloping pitchfork has not been violated to the upside since late August 2008.  As the short-term pitchfork suggested on last Friday; we should see some strong intraday rebound, and hopefully, to the Upper Median Line; which is about -100 ppts+ away from Friday’s closing.  As long as the depicted 15-min pitchfork contains price actions; short positions should be committed.  Take care.

 

Have a good one

Jeff Harteam

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Attachment: EUR Median Lines 09072008 (i).jpg
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Attachment: EUR Median Lines 09072008 (ii).jpg
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Attachment: EUR Median Lines 09072008 (iii).jpg
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Attachment: EUR Median Lines 09072008 (iv).jpg
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