DUST - still liking this set-up!DUST ran from 16 to 20.66. Has retested the .50 Fib retracement level which was the gap up opening level from Monday. Still rip for a trade.
DUST trade ideas
DUST - looks ripe for a trade!DUST held Fib support from yesterday's swing high and low. Made a higher low from yesterday and just made a higher high as I edit my idea live. Miners looks super extended and failed to make new highs despite the strong moves in gold and silver. Not sure how long it lasts but the time may be write for a miners counter trade. As you know I am a precious metals bull but the moves here are extreme and are getting long in the tooth. GDX undercurrent yesterday's low.
GDX/DUST: Gold miners still looking overboughtDon't get me wrong, I love gold/precious metals and the miners but sometimes a little perspective is needed. The miners index is in nosebleed territory with 92% bullish and negative divergence on the RSI(5) and MACD. Then I started looking at DUST, an inverse ETF and a large bullish wedge is appearing.
NUGT/DUST - Mispricing Look as yesterdays low in NUGT at 11.70 and DUST traded to 5.80. This morning NUGT trading same place but dust is 4.65. Can anyone explain this?
NUGT/DUST - still flip flopping!NUGT up 300% and DUST down 80% in two days. I suspect that this may reverse tomorrow.
DUST/NUGT - Flip/FlopAre we going to have another flip/flop? Today you had NUGT trading $5 and DUST over $18 premarket. NUGT was up over 100% from the bottom and DUST off 70% from its top. The flip/flop may persist for a couple days. Watching closely and trading nimbly.
DUST - the new volatility index!In three weeks DUST went from $4 to $14. Hyper parabolic move needing significant correction. Make sure you pick up NUGT!
I Had Such a Good Week, I'm Going to Publish My Long PickThis has the potential to go up $1.00-$2.00 per share. Do the analytics yourself, but I am in this one for a small profit. So far I am up, and I am riding this one. If I am wrong, my stop loss is right at entry, and I will take no loss at all. Stay green out there guys and girls.
DUST REVISTED - TARGET $250. Well we are nicely in a couple of times at $5.75 as previously stated.
1. This thing wants to take $6, and run.
2. Lets see what tomorrow brings.
DUST - $5.82 REALLY? GLD WILL SAVE YOU ALL? JOKE, LOAD UP0. No notes required here. Gold is finished.
1. Corona Virus Doomsday Prophesy, and this is all you can do?
2. BACK UP THE TRUCK - TOM LEE FROM FUNDSTRAT
3. We are looking to add more at $5.75. Quadruple Bottom and Least a triple from the network...
DUST - BACK UP THE TRUCK! $25 NEXT STOP0. As always see my other notes, research and analysis on AMD for background.
1. Been following this for a long time. Been patiently waiting for the rotation from GLD and NUGT into QQQ, SPY. This puppy is going to the moon.
2. We BACKED UP THE TRUCK AT $5.75 and have been waiting a long for this. The Gold bugs are about to receive a lesson in economics like you have never seen before.
Cheers
Dust Long (Short Gold)With the market going up, gold should be going down. Looking at .382 to take profit but could go as high as .618 level. Going for the .382 is already good enough for 10% gain.
