Lesson: Study the TRIX buy and sell signals…This helps to avoid the noise…
IMHO the trend is still down for DUST–study the other pink channel…
I DO NOT LIKE TO TRADE AGAINST THE TRIX ON THE 2 HOUR CHART…
DUST DID NOT EVEN HAVE A PSAR BUY SIGNAL TODAY…
NUGT AND DUST ARE THE MOST VOLATILE OF THE VOLATILE; EXCEPT FOR UVXY/SVXY–these are used to “jump aboard” the move, not buy and wait for the move. Formations, signals, etc. which typically work for other ETFs DO NOT work as well for UVXY/SVXY. The single best indicator and again, IMHO, the only indicators are the 13/34 EMA bull/bear cross and the MACD breaching zero as a buy; and the MACD peak to sell…Currently, the MACD is embedded, so this looks good for UVXY, but do not buy until the train takes off…
DO NOT BUY UVXY HOPING A TREND CHANGE WILL OCCUR; THE DECAY WILL EAT YOU ALIVE!

Yes, I could have used the 5 minute chart and went into DUST using the 13/34 EMA bull cross–I did not, even though some days I pursue a counter trend trade.
The odds IMHO are down for DUST tomorrow; thus, up for NUGT…
AGAIN, BY JUST USING THE TRIX THE PAST 4 MONTHS, LOOK HOW WELL A TRADER WOULD HAVE DONE…
dust