Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

US Dollar - Bullish?

|Includes: DIA, GDX, GDXJ, GLD, IEF, IEI, QQQ, SIL, SLV, SPY, TLT, PowerShares DB USD Bull ETF (UUP)
http://www.biiwii.blogspot.com
http://www.biiwii.com

I just finished another cautionary email update to subscribers, centered upon this chart.  It was a lot of words and theory about the implications of a would-be rise in the 'anti-market' (NYSEARCA:USD) with the primary implication being a return of a beloved opportunity to take advantage of the 'misperceptions' trade ala Q4 2008.

But first, heroes far and wide have sat pretty against the USD and if Uncle Buck rallies, they will not look so pretty anymore.  It would be time for the d Boys (deflationists) to enter stage left.

Technically, note how the USD's weekly MACD trigger signals precede the EMA 50/SMA50 cross signals.  Each time, MACD triggers have led to crosses of more sensitive EMA 50 over the SMA, which in turn have led to strong USD rallies.  Meanwhile, USD deals with the noted resistance zone.

Yes, I am weighed down by good gains in 2010, so I may be looking for reasons to protect them.  But protect them I shall.  There's always next year.