"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, August 2, 2012

USD fund UUP looks like a sell

Bearish divergence by the panel indicators and declining volume on what could be a Bear Flag rise looks bearish.  That would mean bullish for 'risk on' traders - all 3 of them that are left.



















http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm

Subscribe to NFTRH or
Subscribe to the free eLetter

1 comment: