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With the yen getting nailed with negative rates and the bounce in the SM, is this a bottom in LABU? Volume spiking, RSI and Stoch oversold, positive divergence and a fair distance from its 50 ma, hoping for a 38.2 fib retracement, hopefully back to the late September lows for a 50% retrace. LABD is showing the opposite, overbought on RSI and Stoch with negative divergence far away from its 50 ma and a parabolic looking rise resembling DGAZ and DWTI
Forget it. Better to buy the gold miners. less headache and the low is in for this long cycle.
I am buying your miner recommendations but still dabble in the ETF’s, Thanks.