The US dollar has been the anti market to so many items lately, with just one of them being the SPY in the lower panel of the chart.
Here is USD fund UUP making a hard reversal on volume on its daily chart.
Don’t they say that traders don’t care if the market goes up or down, just as long as it moves? Well, I find burning commissions pretty annoying, but I find this market very interesting. All shorts were covered at the first sign of the reversals because so many things were at support levels.
It’s the old dry kindling just needs a match sort of deal.
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