Uncle Buck’s Bull Fund, UUP, 60 min. Chart H&S

With all due caveats about chart patterns, especially when they are presented in a day trader’s view (i.e. 60 min. or less time frame) here we see the Uncle Buck Bull fund testing neckline resistance to a would-be bearish H&S pattern.

Not shown here, the USD index is bumped right up to its daily SMA 50 attempting to get back over it. So this juncture right here is? Anyone? Bueller? Yes, key.


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