Loading ...jnug has a large negative divergence on below 60 min; just in time to show it’s hand at
the WEEKLY GDM 50 MA and strong trendline? As per Trader Dan, “Normally, this little junior sector is where the % gains are made during upward runs in gold” which is not happening at the moment. This will be interesting…Also, note JNUG 60 min has the negative div unlike NUGT 60 which does not.
the friend is your trend or something like that
Yes grin, just assessing each “potential” hurdle as approached..money is made in trading the momentum and I denote that by the 13/34 MA crosses and direction.
here is something I try to backcheck my chart settings and conclusions. Set the timeframe up for a period during 2001,2,3,4 and see how it would have lead you. jst sayin….the results are not what I would think usually