UUP bullish stock chart pattern
January 10th, 2010 richkUSD index ETF – UUP – is forming bullish stock chart pattern . It offers another opportunity for opening new long trade in this ETF.
USD index ETF – UUP – is forming bullish stock chart pattern . It offers another opportunity for opening new long trade in this ETF.
EWJ, ETF tracking Japanese stocks, is presenting nice bullish stock chart pattern . Breakout of current chart pattern could lead to rally in EWJ. I wait for good entry point.
I see higher probability for new decline toward 1000 USD mark.
Going to prepare Gold ETF – GLD – short setup for my fund.
I have noticed that USD Index has broken downtrendline and finished last week stronger. I think we can see start of new USD bullish trend move . I am waiting for this new trend and plan to trade it in my fund accordingly.
This index can be traded directly with ETF stock “UUP”.
AAPL stock has broken support levels and is poised for more declines. Uptrend finished.
HP – stock from Oil and Gas Equipment and services sector – is weak in last weeks. It looks like money are not flowing into this stock. It is good candidate for short sell trade.
I just noticed bullish chart pattern in Biotechnology sector. I am watching situation for possible long entry in IBB Biotechnology ETF stock.
Do you think that Chinese currency will rise against USD ? Then you can use this currency ETF for trade with this idea.
I personally opened small position in my fund and will add in the future.
Stock market rally from last days is accompanied by very low volume levels. As you may know, volume is important indicator for me. And so I do not know now if stock market will make new breakout again.
Monsanto has bearish stock chart pattern. This stock has broken down and now is poised for further decline. I have opened short sell trades in my own fund.