OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

US Dollar’s Final High This Year?

Posted by Mr.Copper @ 14:19 on October 25, 2016  

This chart of UUP, a Dollar ETF. =
Deutsche Bank Long US Dollar Futures index. The index is comprised solely of long futures contracts. The futures contract is designed to replicate the performance of being long the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

UUP Chart 6 Months, looks EXREAMLY toppy to me. Note the two recent high volume bars in Oct. One near the lows and the other one near the highs, often predict a change in direction

http://schrts.co/ntqL9D

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.