Looking at the trade system signals, system 2, the better performing of the two, is within a hair of going long NUGT. Last week system 1 went long NUGT and closed out the DUST trade.
Here's how close the system is to a crossover which I suspect will give an official entry long NUGT by tommorw.
I'm showing you this because it's that close. The official signal has not come on system 2 yet.
Here's what trade has looked like since System 1 called a Long NUGT trade for Thursday morning last week.
Trade is going lateral and choppy similar to the last long NUGT signal around the second week of May.
Tomorrow after the close we'll have our update.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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