NUGT 15…
Possible support:
Diagonal blue line
1/2 gap marked in black
Complete gap fill
Use the indicators to help determine bottom…
DUST is getting ready to break out of BULL flag
How far does it go? Either wait for a reset on NUGT, or play DUST very carefully…
WHEN THE MACD CROSSES AND STOCH LEAVES GREEN; THIS IS A POTENTIAL FOR A LARGE MOVE…
How large?
Perhaps this large?
http://www.hamiltonewave.com/2016/02/cef-a-central-fund-update-16692/
you serious Pedro? Make a hell of a trading op. if it does.
We’re still a week or two away.
But I have a key MONTHLY indicator on DUST that is now below its multiyear extreme reading from 2012, which prefaced its move from 11 to 80.
I take these sorts of cues ENTIRELY seriously.
Thanks for the reply Pedro. I am going to be dialing in on it on the 60 min chart with indicators that will catch it hopefully. But when I look at the monthly chart all I see on DUST is just a big old honking red candle.
Any chance you can post a chart for us plebes?
One last pop in gold above $1,300, dollar is setting up to correct about 3%. I see gold going lower than $800