Wednesday, September 21, 2011

$USD

This is the $USD via UUP

 UUP 1 min positive

 UUP 5 min very positive

 UUP 10 min positive

UUP 15 min positive.

A stronger dollar means a weaker market. This seems to fit with an initial knee jerk higher, then if the dollar moves up as implied here, the market will move down and that will be it for any possible knee jerk move up.

I'm signing off now until the Fed announcement.

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