Thursday, July 18, 2019 11:15:57 AM
The entire sector is breaking out. From metals to individual miners. Literally, everything. I'm not saying there won't be minor pullbacks along the way...but it does not appear there will be a significant correction at this point. GDX seems to want 31's no matter what.
The only hope for DUST short-term is that this is wave 5 of this move and it tops out soon. Then, it could definitely get a solid pop. The LT charts just are too bullish right now to think this trend is going to change overnight (unless the Fed doesn't pull the trigger on 7/31, then it gets wrecked).
I did too many trades yesterday, so no cash to be in NUGT today. Tomorrow is another day.
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