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Re: weazelboy post# 40932

Friday, 08/17/2018 11:57:32 AM

Friday, August 17, 2018 11:57:32 AM

Post# of 46662
I agree with your previous thought that recovery could take a while. As CF just said baby steps.

Add the 13ema to your posted 5minute and we have an 8/13ema downcross now and both have downcrossed the midline. I think we back test to at least 18.50 (the 50day) as the lower bb is now angled down.

Just noticed that NUGT price halted right at the gap down level yesterday. Those gaps can often be resistance or support levels when price is trying to turn.

This may be an exercise in scalping and patience. Green Trades.