Oops. Its a breakout if it holds.
The UUP chart is more buoyant than DXY – at least when plotted on Stockcharts. I am assuming that is because UUP is actual dollars that accumulate interest. Anyone?

EDIT:
For Northstar – Or is it all in how you draw the line? This redrawn trend line suggests a topside UUP break out hasn’t happened – at least not yet. In any case, UUP closed at a new high.