Case study of 'Correlation Strategy Applied' In Trading
For the SP500 - In comparison with the recent USD decline while the 'Relative Value of the USD' is still strong with the exception of its corrective move below the 100 mark. Taking advantage of the USD decline from its previous high at the 103.36 with an ETF: Power Shares DB US Dollar Index Bearish Fund (UDN) mirror image of the DXY overlay with the UUP prices can provide a relative trade value and strategy that captures & protect the gains made.
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