Monday, November 25, 2013

GDX/NUGT/DUST charts

GDX is gold miners , NUGT is 3x long gold miners and DUST is 3x short gold miners so GDX and NUGT should look similar in signals and DUST the opposite.
 GDX 5 min

NUGT 60 min with the head fake move or stop run, note volume at the break under support.

Closer view of NUGT 5 min

DUST 60 min with the opposite, what would be considered a head fake / false breakout

DUST 5 min with a sharp leading negative.

No comments: