PPLT working out so far, triggered this morning on the gap

    Posted by matt on 6th of Oct 2014 at 02:11 pm

    PPLT - Chart Link - Platinum ETF, has moved higher all day, discussed in weekend newsletter,

    $PLAT - Chart Link - commodity - this chart won't update until this evening, but shows how it was parabolic down

    UUP - Chart Link - US Dollar ETF daily, nice pullback today

    UUP - Chart Link - UUP weekly

    $USD - Chart Link -  shows parabolic move of US Dollar, won't update until this evening

    We let the charts do

    Posted by varmercur on 6th of Oct 2014 at 03:34 pm

    We let the charts do the talking - but this is noteworthy though: 

    Commodity Futures Trading Commission  statistics revealed  on Friday that asset managers reduced their long eurodollar futures positions by 868,853 contracts in the week to September 30 – the largest one-week change on record. Each contract has a notional value of $1m.

    http://www.ft.com/intl/cms/s/0/ecb5f5dc-4b18-11e4-8a0e-00144feab7de.html?siteedition=intl#axzz3FNCg0G9z

    Is that a bet on

    Posted by sbwoman on 6th of Oct 2014 at 03:51 pm

    Is that a bet on a stronger Euro or stronger US Dollar?

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