Goldtent TA Paradise

DUST 15…

1. Tommy says:

   February 10, 2016 - 3:01 pm at 3:01 pm

   NUGT 5 min counter trade set-up….caught some of it, but not enough.

   https://stockcharts.com/h-sc/ui?s=NUGT&p=5&b=6&g=5&id=p53830413044&a=444881964&r=1455134361085&cmd=print

2. Randy says:

   February 10, 2016 - 3:23 pm at 3:23 pm

   Quite the battle going on in the miners, nobody wants to give. Looks like it all comes down to the U.S. dollar at the moment, dollar is sitting in a flag right on long term support.

   http://invst.ly/12b-t

3. Randy says:

   February 10, 2016 - 3:44 pm at 3:44 pm

   This is an ugly chart and have heard the displeasure on here about how they don’t work, as long as you have your exit and know when to abandon the trade I find it can give a sense of direction.

   http://invst.ly/12c47

4. Tommy says:

   February 10, 2016 - 3:56 pm at 3:56 pm

   bounced right off the moving average and appears to be heading for a double bottom perhaps.

   https://stockcharts.com/h-sc/ui?s=DUST&p=120&b=9&g=5&id=p44882393382&r=1455137680355&cmd=print

5. pedro_deleon says:

   February 10, 2016 - 4:00 pm at 4:00 pm

   Probably an abc for 4 down for GDX etc. With c down yet to come.
   Then 5 up for GDX to close out the larger move.

   • ridedesert says:

     February 10, 2016 - 4:16 pm at 4:16 pm

     Pedro,

     Do you still see a lower low for the miners coming up? Still believe this is an ABC wave 4 before the final wave 5 down?

     Thanks.

     • pedro_deleon says:

       February 10, 2016 - 5:37 pm at 5:37 pm

       Yes, that’s how I have it.
       It MAY depend on whether the general market finds a ledge from which to rally later this month somewhere beneath 1812.

6. Tommy says:

   February 10, 2016 - 4:14 pm at 4:14 pm

   it would make a nice looking W

   https://stockcharts.com/h-sc/ui?s=DUST&p=120&b=9&g=5&id=p44882393382&a=444896234&r=1455138766643&cmd=print