Wednesday, August 12, 2009

The dollar

Here is a chart of UUP, the US Dollar ETF.

Don't bother clicking on it, its small.

Notice the volume as Price increases. That's exactly what we want to see in a bullish trend.
Sadly, it explains why our stocks and commodities have been falling, and the poor $TICK indication described in the post below. This might be a place to sock away a few investment dollars... I'll be watching.

No comments:

Post a Comment