What is Goldtent TA Paradise?
Pure Plunger (HOT!)
I am somewhat neutral regarding if this has further to go upside or its a flameout right here. Can argue either side, however looks like we need to pull back right here right now. Note all of today’s price action outside the BB, plus todays candle is a hanging man. neither element “requires” an immediate pullback,however both together increases the probability. Stochastics and every other indicator are now headed up so it will require some time to convert this move into a downtrend.
On a perverse note this could be the markets way of cleaning out the shorts before its final liqudation move to the bottom of its 4+ YEAR BEAR. Also such a move would first require the bear to reload with fresh new long positions to give it the fuel for a new power downside liquidation
Seems like the comm are anticipating the USD to go down.
See my post below for my USD setup.
it just went up from 20%
Looking to sell (via DUST) the gap up open. Again, this will most likely be a very quick trade just to play the corrective move back down. Any chance to buy the GDX on a touch to 13ema on the daily will be a gift right now.
We hit my NUGT near term target posted a few days ago a couple of days sooner than expected. Still a sell target awaiting a pullback from here.
Near term NUGT structure further suggests pullback to come.
Trader Dan’s World
Try to log in via your normal ISP now please
Just checking some settings