Watch the UUP

UUP (Weekly) Bullish

• UUP still in a Bullish Fork
• Break above 22.75 would be Very Bullish
• Break below 22.00 would end the Bull fork and would be Very Bearish

Weekly Update

SP-500 (Weekly) Neutral

• SP-500 still in strong Bull fork
• Break below 1400 would end current Bull fork
• MACD leveling out is Bearish
• Market is being fueled by the Fed 
• As long as the Fed is pumping in money markets should hold
• Have trailing stops in!