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Re: None

Wednesday, 03/25/2020 3:42:25 PM

Wednesday, March 25, 2020 3:42:25 PM

Post# of 2188
Here is a chart showing consensus SPY targets (lines at 265 and 220) (gathered from various sources myself today) for the expected move up once this stimulus bill is actually signed, followed by the expected drop back down once the euphoria has dissipated, this to form an expected double bottom on the chart. My plan is to continue in USLV and JNUG until the 265 area is close, then look signs to sell and move into the inverse 3x funds for the expected drop back down to the 220 area.

Also below is my recreation of a NUGT chart I became aware of today that has a target area approximately 2x its current price. This being an alternative to USLV or JNUG.

https://www.clivemaund.com/charts/nugt3month250320.jpg

GLTY

My posts are my opinion. Always trade at your own risk.

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