$ugaz, $ung, $natgasusd huge descending triangle?
$xauusd $nugt $jnug $gdx $gdxj gold .618 retracement very likely UP
Down, then up. AMD seems promising but don't chase the news.. No emotion. When you're feeling like AMD is going to the moon, it's probably going to sell against you. Get in at the bottom and ride it to 18-20+
Something like this.. After smart money sold the tesla/amd news, we're back near the bottom. I think we rub on the lower TL a few times before the next wave. A break of TL support could provide a careful short position until earnings.
How deep does the rabbit hole go? Do we bounce off this .618 area to retest the top and breakout above 34.60 or return lower? I'm currently bearish