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  PowerShares DB USD Bull ETF - NYSEARCA

10/31/2014, 6:12 PM ET
  • vinyal | Send Message 23 May 2012

    UUP Chart looks really bullish. Bad sign for Equities. QE3 is coming sooner than i thought. Fed will start jawboning soon here
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    • OneLongTrade | Send Message 23 May 2012
      : UUP looks overbought and well above its R3 resistance level. Expect a snapback in a week or so. Probably when LTRO2 or something is released
    • OneLongTrade | Send Message 23 May 2012
      : Last time UUP poked its head above the R3 pivot was Jan 16, and that was the top for it then around 22.83. We should see a double top soon.
      UUP vs. ETF Alternatives
      UUP Description
      The PowerShares DB US Dollar Bullish Fund (Symbol: UUP) is based on the Deutsche Bank Long US Dollar Index (USDX®) Futures Index™ (DB Long USD Futures Index). The Index, which is managed by DB Commodity Services LLC, is a rules-based index composed solely of long USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. You cannot invest directly in an index. Ordinary brokerage commissions apply.
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      Country: United States
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