The ECU chart is developing a bullish underpinning. The MACD is bearish but a lagging indicator, the RSI bullish. The base of the first wave is rising which is also bullish, although a lot of potential upside has been lost through profit taking.

Gold rose to 1030 this morning, silver rose up 0.40, not sure of the current price..silverseek is slow. Real panic developing in the US over Bear Stearns and the $2.00 buy out. It could be a lot of money will be moving around this week looking for a safe spot.

ECU needs to take out selling resistance on high volume, not that high given Moose level 2 figures from last week, but enough to hit swing traders, and move ECU completely out of the range its been trading. Since Canada has had a reputation for shorting, Im hoping theres some upside management to arrive sooner rather than later