Seeking Alpha
  • vinyal
    UUP Chart looks really bullish. Bad sign for Equities. QE3 is coming sooner than i thought. Fed will start jawboning soon here
    5/23/12
    Reply (5)
    • jdub2788: Never understood the "pile into safety" for the dollar when we are the worst debtor nation out of the bunch. I don't get it.
      5/23/12
    • Josh Krause: I'm seeing a bearish RSI divergence for UUP. Who knows if it will play out.
      5/23/12
    • USisCorrupt: jdub that what they want.
      5/23/12
    • OneLongTrade: 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
      5/23/12
    • OneLongTrade: 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.
      5/23/12
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