Here is The USD via The PowerShares DB US Dollar Bullish Fund (Symbol: UUP).
UUP is based on the Deutsche Bank Long US Dollar Index (USDX®) Futures Index™ (DB Long USD Futures Index), The Index, which is managed by DB Commodity Services LLC, is a rules-based index composed solely of long USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
Short on a daily basis with the stop at 22.06 near the 50% retracement of the 22.30 – 21.79 move.
Short on a weekly basis with the stop up 3.4% of the close.
- ► 2013 (13)
- ▼ February (13)
- ► 2011 (29)
- ► 2010 (24)
- Erick Stern
- I am a civil engineer who likes charts, to me, speculating in the markets is both a hobby and a second profession and in my view the stock market is the most honest environment, since it is only your knowledge and preparation that matters. I live, and work in the construction industry, in the Dominican Republic. I read and answer all my mail so please feel free to write firstname.lastname@example.org Thanks, Erick