NUGT is close to trigger line crosses to the upside. EWO is telling us that we’ve reached the low… However, note the dotted line on the RSI. The RSI is touching it…. Normally I look for the RSI to cross below this line — right now it’s telling me to expect a lower price…. FastSTO normally would be showing an abc formation… right now it only has the ‘a’…. OH WAIT… is that a Wolf WAVE forming…. we have the 1 at 6.30, the 2 at 6.90, could be working on the 3 now…. hmmm…. Not saying not to buy it when we do finally cross (RSI that is) but expect lower price to come (although probably not much lower)….

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