Both systems are still long DUST, yesterday I warned that DUST was likely to pullback, but the longer term picture still looked bullish.
This is the 50 bar 60 min moving average, where I thought DUST was likely to pullback to. I still think it could pullback some more.
There's a hint of a 1 min positive divergence, I think DUST will have to pullback again for a second positive divergence to develop before it's a buy for anyone who sold yesterday at higher prices.
When the 5 min chart shows a positive divergence, DUST will likely be a good buy/add to.
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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