$USD updates

This short pullback looks very close to done here........and the longer term trend looks to resume back upwards for the next 6-12 months.

Here is a link to my past 4 posts on the $USD

http://erikmarketview.blogspot.com/2009/12/usd-trend-change-when-will-it-start.html

...see the Weekly chart for 6-12 month TIME (not price) target of $USD up cycle. Yes, I think the $USD, will RISE for the next 6-12 months, or untill it changes it's current channell on the weekly chart.

Kenny beat me to posting the bull flag its forming here on the daily, so here it is:

http://kennystechnicalanalysisblog.blogspot.com/2010/01/market-conversation-for-january-5-2010.html

Looking at the IYR

One day into the first 2010 week, and although so far wrong on the broad market 1/5 into the week, have been on the right side of the trade. (sector) SRS was another gimme trade on its gapdown...see comments on link for rationale. 

http://erikmarketview.blogspot.com/2009/12/tightroap-walking-week.html

Notes on IYR charts, fwiw

Disclosure: Long SRS @7.31
 (target IYR 44.20-take majority profits, stops moved to break even)