Loading ...JDST Wolf Wave Satisfied
100% Measured Move met. Would expect 7.71 high to be retested (maybe 61.8% retrace) then back down for a correction. EWO on NUGT is saying there is at least one more low to come (Read GDX Post)…. Would sell JDST on RSI(5) trigger line cross, wait and buy back… WW suggests 6.50 area (if WW holds true)….
Notice how on the 2HR chart that the MACD(5,10,0) has a higher peak… this is telling me that we have a near term higher high coming above this mornings high of 7.71 (or at a minimum double top)….