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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: ItstheJourney who wrote (173836)5/12/2022 3:59:56 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220065
 
That gap doesn't mean anything right now, it could be anything...

Breakaway gap, exhaustion gap, I don't try to read anything specific into any one event or gap...

I'm long the U.S. Dollar and see no reason to sell out yet...

I don't know if that's helpful for you, but that gap means nothing to me as it sits...

It could possible be just another breakaway gap since the bonds look like they're ready to back down again, that would further strengthen the dollar...

GZ



To: ItstheJourney who wrote (173836)5/12/2022 10:58:08 PM
From: Hawkmoon  Read Replies (1) | Respond to of 220065
 
If I may.. What pattern do we see forming on UUP using the monthly chart with all data?

I see a Cup and Handle.