While there has been some small intraday divergences (profit taking ) in all 3 assets and there's a possibility of a gap fill on NUGT's +6.3% gain today, I'm not changing or altering the position at all and leaving it long.
The charts that really matter in the 5, 15, 30 and 60 min ranges show we have a lot more fuel in the tank and I wouldn't try to get too fancy trading around pullbacks with charts looking like these 3 assets' charts do.
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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