“We crawl on our knees for you,
Under a sky no longer blue
We sweat all day long for you,
But we sow the seeds to see us through
‘Cause sometimes dreams just don’t come true,
Look now at what they’ve done to you.”

- Rise Against: Re-Education (Through Labor) -

Willy Ocier-led Belle Corporation or BEL in the Philippine Stock Exchange was one of the top stories in the domestic stock market in 2010. It was actually a sleeper during the first half of last year. Imagine, it was only trading at around PHP 1.80 in July before it eventually made a move north. From August until the end of 2010, it rose from PHP 1.85 to PHP 4.60.

We think there is a top forming on the USD index chart that could be very fast in heading lower. It's coming into a massive area of resistance with an overhead Fibonacci Retracement level as well as the 50 Day Moving Average. The topping process should take a couple days, but this currency is way over-bought at this point.

When it comes to technical analysis, Fibonacci retracement is a very powerful tool used by traders on the stock market and currency markets. It was discovered by a 12 century monk know as Leonardo de Pisa who was known to his friends as Fibonacci. He discovered a mathematical sequence that appears throughout nature.