The Miners Trading System

No changes for tonight, both system 1 and system 2 remain locked in a long NUGT signal.

System 1 in green/ system 2 in light blue, the red line s the signal line for crossovers.

Both systems are still long with a system 1 stop-loss at $35.06 and a system 2 stop-loss at $35.66.

System 1 is at a .5% loss/ system 2 is at a 2.2% loss.

DUST continues to accumulate and is showing STRONG positive divergences.

 DUST hourly 3C chart is a VERY strong leading positive divergence on a very important timeframe.

The 15 min 3C DUST leading divergence is one of the craziest things I've seen, it is nearly vertical and continues to add each day on another important timeframe.

On another related subject, because the miners trading system takes into account the price of oil when giving signals, it's difficult to believe we can have this kind of accumulation in DUST and not expect to see a move down in USO soon.