NUGT 60…
Note the TRIX symmetry emphasized in yellow…This could be significant…
Start of another strong BULLISH run?
Yesterday before the FED meeting; appeared NUGT was going to confirm another “expanding bearish wedge”. However, that idea was quickly nullified. Appears this was a BULL flag in progress with a break out yesterday after the FED meeting.
Watch the TRIX and 13/34 EMA…
Of course, the big picture…
The triangle everyone has been watching…
As Nightingale emphasized, “caution for both sides”…