Loading ...UVXY Update…
James Brando gave a target of $34…
Note the compressed slope for the THIRD time–getting to the apex again…
Use the SPX pivots to help navigate…
Also, use the 13/34 EMA cross to enter trade…this is a pure momentum play–be on the right side using the moving averages…
Appears NUGT is not wasting anytime heading for the upper GDX trend line…
ES, check SPX weekly line chart and the massive h&s which today is BT. And daily candle chart looks like a bear flag.
Thanks Graddhy…
Seems like a post by Rambus this evening may support 34, he notices a small expanding wedge with a PO of 1975.
We´ll see.
I bought some NUGT before the close…thank you for your comments