Posted the chart below on Friday (see post here)…the chart/spread suggested to “Long the Dollar and Short Copper!”
Anyone checked the SPREAD…between Copper (JJC) or Freeport (FCX) to the Dollar (UUP)? For those that took this spread position, not a bad day so far….UP OVER 3%+!
The ripple effects of this “spread trade” could just be starting!!! As I shared in the post last Friday, turning point EXTREMES are where really good money can be made.