UUP Follow Up

Yesterday I posted two updates on UUP (as a proxy for the Dollar Index being there's no real tme data for 3C on the actual Dollar Index). Both posts concluded UUP/$USD was preparing to decline.

Post 1

Post 2

Here's UUP this morning...

We'll see if the chart below takes UUP lower as it suggests.

30 min negative divergence, would suggest lower prices for UUP over the coming days.