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Commodity Trading Discussion Forum

U.S.$ ETF:UUP/Big Spike up late today *PIC*

Posted By: Trades
Date: Thursday, 5 November 2009, at 5:20 p.m.

Big spike up in the last 3 hours of trading on UUP all the way up to the next resistance point. Note the huge volume change on the rally! This ETF tends to lead the U.S.$ Index. Perhaps it's just a gamble ahead of Friday's employment report "reaction" but it's the biggest spike seen in a long time against the trend. Friday's close should tell a lot.

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