DUST 60 Update…
Link to right…
Note the TRIX turning up…
TRIX 1,2,3 BULL CROSS IMPULSE MOVE IS EVOLVING…
MACD has BULL crossed…Update–just a kiss so far
Stoch needs to cross 50…
Wedge has BULL breached as mentioned yesterday, process of making a BULL flag? Back test of wedge?
I DO NOT PREDICT THE OUTCOME OF FED MINUTES; FOCUS ON THE CHARTS…
Major storms passing through; I could lose internet connection–good luck!
Started long DUST this morn. Will add or flip to NUGT depending on the action after fed minutes today.
But my guess is more hawkishness especially after the ADP number this morn – which will be send the USDJPY up 111+, and gold/miners down.
Open minded here
Appreciate your thoughts Nick–good luck!
Took small $ on DUST, flipped to NUGT now…..USDJPY crapping the bed…..we’ll see how it goes back at resistance