50 EMA crossing down over 200 EMA, 20EMA crossing down over 50EMA -
GDX (Gold and the miners) are going down from here. TTM Squeeze on daily chart so this should be a big move.
GLD
GDXJ
NUGT
JNUG
SLV
JDST
DUST
However - since 200ema is flat and double bottom forming on the chart - this week would be a good time to buy back your calls and sell puts. Since this is a daily chart and the move looks large you could buy a straddle at the end of this week.
However - since 200ema is flat and double bottom forming on the chart - this week would be a good time to buy back your calls and sell puts. Since this is a daily chart and the move looks large you could buy a straddle at the end of this week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.