Dollar Striving To Make It Two-For-Two

• August 31, 2001
• Marc Dupee

September dollar index futures
(
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PowerRating) are setting up to stem a
six-week slide from highs and finish their second consecutive week higher.
Even as
euro FX futures
(
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British pounds
(
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been dominating the Momentum-5
List, the dollar still appears poised to make it two-for-two. 

British pounds
(
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Turtle Soup Plus One
Sell
setup. 

In a reflex rally,
Nasdaq 100 futures
(
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their
Turtle Soup Plus One Buy setup. 

And in the grains, December soybean oil
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PowerRating)
is turning around from yesterday’s selloff and is trading right at its
Turtle Soup Plus One Buy trigger. 

December wheat
(
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PowerRating) is higher
after fewer-than-expected notices to deliver September wheat signaled more
purchases of back-month wheat and reflect bullish fundamentals.