Loading ...NUGT 60…TRIX Bear Cross today–Step “2” finished…
As “expected”…
No one knows where the price will finally end up here; the IMPORTANT item is watching the TRIX cross back up and over giving us a BULL cross…This will be our first signal, then the 13/34 EMA BULL cross will be confirmation for the trade. As Surf mentioned. “hitting the stops”; then moving up…I expect the move to be fast and furious triggering the stops; then the bots turn around and start buying all over again…Wash, rinse, and repeat…
fast and furious triggering the stops…
the HFT (high frequency trading) machines are good at this act…
ES I am following the 60 min NUGT via metastock. Just as a precaution, please let us know when the TRIX 3 goes off. Thanks
Will try Jim…one way to trade this is to take a partial position with the TRIX 3, then add with the 13/34 EMA cross…
Gotcha