Spikes in UUP

Quote from ericmoles:


From IBs home page, go to Fees-Market Data-North America-InterContinental Exchange and New York Board of Trade

It is $1 per month for non-professionals

Or you can check free at

http://futures.tradingcharts.com/intraday/US/C9

I'm subscribed to it now. Thanks.

I searched other sites and found that those spikes in UUP were because of issuance of additional share/units. It was a nice run from 22.48 to 23.15 before and after the halt on 5th.

It also makes some significant (10+ cents) and sudden moves during after hours but that is beyond my understanding (possibly manipulation).
 
Quote from deadbroke:

No guru but a prolific moneyloser. :)

I don't trust this ETF but the volume is fabulous, since June rising on rallies, doropping on declines and since mid-Sept exploding.

Another +ve is the clean trendline, the breakout above and yesterday the retest - successful or not? we'll know soon.

One -ve is that its retraced more than 78.6% whereas DX is sitting smack at this level today.

goodluck




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yep, volume footprint told the story back then. Didn't trust this ETF back then, but now its been added solidly to my DX layout.
 
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