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OK…this is my wildest guess…
Had our backtest, 13 remains above 34, and indicators have reset and want to head north.
As long as the upper diagonal trendline holds, this is what I see…
I am not an EW guy, just using the basic rules…
Point 5 should have us at the DUST $11.00 region…
We are bizarrely on the same page here Eagle!
LOL, so many “ifs”…First, GDX daily needs to breach the 50 SMA which EOD is $14.22; Friday GDX closed one penny below. GDX should make another attempt at that line tomorrow…
Well, this is at least a moment’s relief…I woke up anxiously at 2 am this morning going over and over and over why I had bought NUGT and to wake up and have Mark and Eagle on the same page today is a cheery development indeed