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Re: trunkmonk post# 33557

Monday, 04/24/2017 8:36:31 AM

Monday, April 24, 2017 8:36:31 AM

Post# of 46662
Actually, I will softly disagree that there was no TA suggesting NUGT would drop.
Strongest signals were macd going below zero and price below 50day, below midline and 13ema turned down. All 3 of those indicators are angled down, which at the very least is iffy.
While there was uncertainty for sure the bias/odds were for down price action in NUGT.
Black trend line which is tracking the green line is also negative. This was all pointed out last week by one or more board members as potential reasoning for down today.

Just my opinion and only worth its' free value. Good luck to all, green is why we do this.
LT is up and I don't think any here disagree on that.