Equity Oracle: 07/31/14

teo-073114

This is an index that allows us to capture a profit from a falling dollar. As you can see from the daily chart of UDN, the price does not like to move far away from the 200-day moving average. In fact, the divergence in price is quite consistent over time, resulting in the price snapping back to the moving average shortly after it reverses at the pivot points.


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