$$$Ospreyeye: Charts, Technical Analysis & Japanese Candlestick Patterns$$$

[ospreyeye]

NUGT/DUST Alert: pulling back after hitting Power Zone on Full Sto......pointed out yesterday that NUGT pulls back when power zone gets hit.......

I posted several gold charts yesterday.......NUGT, GLD & spot gold charts were all signaling a pullback today.......gold hitting $1,400 resistance zone.......

No worries just buy DUST when gold is dropping........it's an easy trade.....simple......when gold goes up you trade NUGT & when gold drops you trade DUST.......back & forth......cash out EOD(end of day) or quick swing trade.......ETF's are for trading only......don't buy & hold......ETF's reset each day.........you only get what that day brings.........excellent trading vehicle.....very liquid......just not a long term "investment".........$$$