Friday, February 25, 2011

UUP Dollar Bullish ETF Daily Chart Positive Divergence Set Up for UUP

UUP Dollar bullish ETF daily chart showing the makings of a positive divergence set up. Rumors of the dollar collapse are greatly exaggerated. As seen by previous dollar charts, $USD, the 77 bottom rail support is important, bounce or die. From this chart, a bounce is in the works for the dollar index, it is simply a matter of choosing the entry in the green circle. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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