Edited by estrategy, 18 May 2010 - 06:08 PM.
UUP top (Dollar) & OIL bottom (USO)
Started by
estrategy
, May 18 2010 06:06 PM
3 replies to this topic
#1
estrategy
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Posted 18 May 2010 - 06:06 PM
Anyone else seeing a UUP top and OIL bottom here? Its too hard to watch the falling knife FXE. UUP forming a weekly top.
Names that might bounce. DIG, EDC, USO, SSO, XLE, OIH
#2
estrategy
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Posted 18 May 2010 - 06:25 PM
Anyone else seeing a UUP top and OIL bottom here? Its too hard to watch the falling knife FXE. UUP forming a weekly top.
Names that might bounce. DIG, EDC, USO, SSO, XLE, OIH
http://www.etf-corne...810a45a1970c-pi
#3
goldswinger
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Posted 19 May 2010 - 01:23 AM
Anyone else seeing a UUP top and OIL bottom here? Its too hard to watch the falling knife FXE. UUP forming a weekly top.
Names that might bounce. DIG, EDC, USO, SSO, XLE, OIH
I am , probably Tonight. But It is not THE BOTTOM, it is just the bottom of what I would call wave 3 down on oil and top of wave 3 up on the buck.
4 is on deck, and I see oil bouncing to at least 75 and the buck backtracking to about 83 -84.
GS.
#4
thespookyone
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Posted 19 May 2010 - 08:00 AM
I'm with Gold here. A temporary top on the dollar, maybe. The top-nope. Finding a spot to make your play will be knife catching at it's finest-better things to trade here.
