weekend charting 24-26 september, page-32

US dollar index

off stock charts, with some chart overlays on it. If you compare it to UUP you will find that UUP has the first peak higher than the second, and that there are other differences.

The slow stoch on this chart definitely suggests there will be a back test of the broken green support tine. I have also included the pivot box to give you the timing for price to hit the red ML, and generated the trigger line. All in all I would have more faith in this charts predictive potential than the UUP chart. ETF's are a bit funny. I dont know whether UUP declares a dividend, but that often muddies the waters