 UUP:NYSE Arca - The U.S. Dollar Index Fund seeks to track changes in the level of the Deutsche Bank US Dollar Index. The Fund seeks to track the Long Index by establishing long positions in DX Contracts. The Long Index is calculated to reflect the changes in market value over time of long positions in futures contracts, or DX Contracts. The UUP investment seeks to track the price and yield performance, before fees and expenses. 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. |
If we look closely at some of the other momentum indicators like a stochastics or a price ROC, we would find a similar pattern.
US Dollar Index holding above support at 85. Failure would test primary support at 80, while recovery above 86.5 would test 88.5.
ADDITIONAL UUP INFORMATION RESOURCES:
US Dollar Index Futures Cash,Co (NYBOT: DX-Y.NYB)
finance.yahoo.com/q
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DXY:IND DOLLAR INDEX SPOT/ EURO V US DOLLAR:
Unless indicated otherwise: intraday data is at least 15 minutes delayed; mutual fund NAVs are updated at the close of every market day; all prices are in the local currency; Time is EST.
