Buy JAG - $7.15 -- US Dollar Update

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Maybe not the ideal True Strength Index (TSI) indicator setup, but I was intrigued by the long term price downtrend line that Jaguar Mining Inc (JAG) appears poised to break through, so I made a purchase at $7.15.
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Some other mining stocks with similar setups currently include: Anglogold Ashanti (AU), Cardero Resource Corp (CDY) see weekly chart, European Goldfields (EGFDF), Eldorado Gold Corporation (EGO), Pitchstone Exploration (PEXPF), Sunridge Gold Corp (SGCNF), Uranerz Energy Corp (URZ), and US Silver Corp (USSIF).
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Click on the chart to ENLARGE

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As far as the US Dollar is concerned, well, it still looks quite sick.  It has been clinging to the red support line I have drawn for the past hour - trying desperately to not fall below it.  If it does fall below it, it will mean that the dollar is now bearishly making lower lows on the daily chart and I would imagine the market will reward that event with a run for cover (and an even steeper drop in the dollar).  Stay tuned.
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My TSI Trading record has been updated.