in the last 3 years UUP touched 22 level 4 times bouncing each time. most recently we had a nice bounce in October. why this time should be different? Buy now or later? Any good targets?
i don't see the same pic when looking at the dollar index. probably the difference is due to the fact that the silly UUP etf loses value due to futures rollover. "The index is comprised solely of long futures contracts. The futures contract is designed to replicate the performance of being long the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. "