Thursday, December 17, 2009

Has The US Dollar Botommed Out? Conflicting Long and Short Term Signals: What To Do

The US Dollar has rebounded in the last few days. The long term trend is still down, but the short term trend is now up. These are conflicting signals. INO's latest education video talks exactly about this and what to do.

Watch video

This signal is verified on UUP on Nov 17 when UUP was $22.34 (now $23.01, or +3.0%, which is a lot for currencies):

(please click to enlarge)
(You can try these tools yourself and tun it on any stock or ETF on a free trial).

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