Euro Down/Dollar Index UPP

I am leaning toward the collapse of the euro within the next year or so. Europe's structural problems are creating contagion that threatens to hurt and is hurting the most productive economies. All of the sudden, the Euro-zone doesn't make sense for those that are doing well as those that are not are pulling down the rest.

Here's the long and short tern trends, I remain bullish on the Dollar Index specifically (UUP as well) as it's composition is weighted with the Euro accounting for 50% of the makeup of the Index. The dollar on it's own is a different story.

 You may need a line chart to see it, but on an intraday chart (60 minutes), there's a small H&S top pattern in FXE (the Euro Trust ETF).

 This is part of the fractal nature of the market, here's the larger daily H&S pattern showing the Euro to be in serious trouble-this pattern suggests a downside target of about $115, but that may be just the start. We are currently coming off the right shoulder of a H&S top and FXE makes sense as a short position here. EUO is a leveraged bear ETF on the Euro-that may make some sense to to leverage up the trade.

 Here's volume confirmation of the H&S top, remember, declining volume on rallies, advancing volume on declines. This looks like a good place risk wise to get in on the trade.

 UUP with a very bullish chart and a recent false breakdown in the UUP-it was called a false breakdown at the time-check former posts on it.

3C shows us why I said this was a false breakdown-part of the new technical trader massacre if you haven't adapted to the new technical dynamics.

This is a long term trade, you need patience, a little bit of a wider stop as the fear cycle will continue from risk on/risk off, but the long term trend looks stable.