Updated weekly UUP Chart

If UUP closes above 23.7 by this Friday, we have a major confirmed lift off in the buck with all the attendant consequences. Gold 's move so far in the last two days is only a symptom. OIL 's move Today is another one. SPX is fighting it... using levitation technology....

http://stockcharts.c...amp;a=174129500

GS.

If UUP closes above 23.7 by this Friday, we have a major confirmed lift off in the buck with all the attendant consequences. Gold 's move so far in the last two days is only a symptom. OIL 's move Today is another one. SPX is fighting it... using levitation technology....

http://stockcharts.c...amp;a=174129500

GS.

my overall target was just hit I bailed on dollar again 79.70 I mentioned last week it gets hairy here. I will wait and see what happens at this point.

sorry forgot to mention Sept
Z

Edited by zoropb, 29 July 2009 - 10:34 AM.

bailed on 4th short today 868 too but looking too tonight maybe not sure here so better just watch the grass grow

You are absolutely right Z, we are at a critical juncture right here right now. It just seems to me that the way GOLD and OIL are acting, the dollar will break out....perhaps with a minor drop right here to correct its initial shot. GS.

You are absolutely right Z, we are at a critical juncture right here right now. It just seems to me that the way GOLD and OIL are acting, the dollar will break out....perhaps with a minor drop right here to correct its initial shot.

GS.

I think we drop into 79.20 sept area min.

Z