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Re: how we get there
UDN looks like the stonger chart to me - a W double bottom. The first low of the W points to the price target at a diagonal at about 27 UUP has retraced from a M pattern and broken a support line. However the slow sto is forming a bullish cross. Price target 26.5-27
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Re: how we get there
UDN/UUP. I think as soon as the smoke clears with this Pig Virus, the dollar safehaven buying will subside which equals upside for UDN.
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Re: how we get there
thanks guys, that helps me get clearer about what to avoid for now. My buy list at the moment is mainly Chinese, Canadian and commods.
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