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Re: DBS post# 16081

Monday, 09/10/2018 3:39:39 PM

Monday, September 10, 2018 3:39:39 PM

Post# of 20558
This is a tough environment to try to time $JNUG which I was mainly emphasizing last week on Sept 7, & even a worse environment in addition to that if it trades sideways for a while (based on the GDXJ index fund).
$JNUG is at a new low today mainly because of the 3x leveraged decay resulting from recent continuous sideways movement.
I did state "$JNUG may be due technically for a short term pop fairly soon", but I was mainly pointing out how precarious & riskier than usual it is now to attempt to time a trade on $JNUG (despite that it may be technically over due for a reversal) given the market circumstances such as the Resilient $USD.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143428645
(Friday, Sept 7)




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