I covered these yesterday and entered a few positions, as soon as I'm done position this, I'm going to review open positions and almost certainly add to or initiate new longs here.
GLD 1 min has added quite a bit to the leading positive today
GLD 3 min in good shape despite a little pullback.
GLD 5 min with a larger relative positive divergence at this morning's lows.
And the 15 min chart making head way.
SLV 1 min adding to yesterday's nice signal through a correction today.
2 min chart flying...
10 min chart is building more
And to have a positive signal on a 30 min chart is always a good thing.
GDX (Gold miners) 2 min-notice all of the PM's are seeing VERY strong 2 min leading positives today, those should filter or migrate through the longer timeframes.
GDX 30 min leading positive
NUGT is the 3x leveraged long gold miners. 2 min
NUGT 5 min- keep in mind the correction today.
NUGT 30 min, this is one reason I like a NUGT long position, although call options in GDX are nice as well, I think this allows you to ride out the trend better and with 30 min leading positives, it looks like they will see some tradable trend.
Is interest rates about to start going up?
-
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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