I'm going to open a half size trading position in DZZ long, this is a 2x short Gold ETF. I see so many great looking GLD (short ) charts as well as GDX, I think it's at least worth an exploratory position.
If I see more evidence or see an opportunity to add to DZZ at a better price with more chart confirmation, I'll bring it up to a full size TRADING POSITION.
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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