Weekly Charts Update Dollar Still Struggling
Each week in Superstock Investor we highlight charts of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG and LQD. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class.
The U.S. Dollar via UUP continues to struggle. COuld a turn be close at hand or does it fail here? Time will tell.