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Re: None

Wednesday, 10/05/2011 3:07:30 PM

Wednesday, October 05, 2011 3:07:30 PM

Post# of 413
Waiting for UUP near $22.25 again to begin buying again. That may change as the chart changes, but it appears that we are in a gradual rise through the end of the year. Watch the 8 Day moving average (in red) for support areas.

On the lower chart look for the rise of the green ADX indicator, and the boarders indicated by the Bollinger Bands upper area for resistance.

We seem to be trading within a narrow channel with a long term rising trend.




All of my posts are my own opinion. Always perform your own due diligence on every investment you are considering, or contact your licensed investment adviser.