Loading ...NUGT 15 Update…
What the market gives one day, takes it away the next…
The TRIX sell signal yesterday was confirmed this AM with the STOCH 144 breaching 80…
Back at the black trend line…
GDX Daily…
Caught between the $25.33 and the 13 EMA with a BEARISH engulfing candle today…
$25.33 has been resistance 4 times–not good for the BULLS…
MACD BEAR cross today…TRIX close…
Just glanced quickly Eagle but it looks like any weakness in the metal and NUGT is looking for an excuse to close that gap down in the 11.15 area.
Randy, would not be surprised–BEARISH engulfing candle on GDX daily today…
Call me a conspiracy theorist I don’t care, but Monday is a holiday in North America and I wouldn’t be surprised to see a beat down in the metals. JNUG had the same bearish engulfing, I ditched, you know the old adage “if in doubt get out”.
Assume that means the expected upside is on pause for now. Sucks when the setups don’t materialize but there will be others. Ty for all the hard work eagle!!
on daily basis macd always rallies or falls a bit after a cross–used up energy to get that cross
eagle–the engulfing candle dosent have to also go above the previous days high?
Shell, from what I understand with engulfing candles is the body only that counts…