USDU
We seem to have forgotten this ETF
Rambus first found this Dollar Index a while back and we were tracking it
It is a much more honest representation of the Dollar’s value vs a basket of currencies
A Basket Case of currencies may be more apropo
. India INR -2.12%
. China CNH -2.99%
. South Korea KRW -3.65%
. Switzerland CHF -4.39%
. Australia AUD -5.02%
. Mexico MXN -10.28%
. United Kingdom GBP -10.37%
. Canada CAD -11.30%
. Japan JPY -17.87%
. Europe EUR -31.13%
Interesting chart….The line chart has a classic cup and handle breakout with a backtest in progress
The Candlestick chart may be more Gold friendly however
a shooting Star Doji ?
However this etf is very sparsely traded so I’m not sure the doji is valid…notice all the spikes on the chart