Power Shares US Dollar Index Bullish (UUP)

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For those trading the UUP, we can see that its 2 steps forward and 1

step back. As long as that trend of moving forward continues its

trade on risk on..


It seems like there are a million variables that could send the

dollar lower and ruin the long position UUP trade, but it was

probably the same way in the last 3 to 7 point rises in the UUP.

The current pattern is a day or two of a solid rise and about 4

days of trickling back down. Confusing but net net dollar gains.