Replies to post #10853 on Direxion Daily Gold Miners Bull 2X (NUGT)

[mannken]

I should learn more about CRB

Data/charts like this and yours would strengthen the toolbox.
http://www.crbtrader.com/data.asp?st===&page=ccharts&sym=BTY00&overlay=&sp=&nasdaq=&dow=true

My trade decisions are mostly on technical triggers, though, I made a monumental mistake of selling Dust too early on a miscalculated technical trigger.

Shorter term with all the data, I've also been looking at DOW/Gold ratio chart below for indications of a money flow shift. Today, the ratio nudged up a little to 14.07. The B-bands, macd and trix (indicators I rely on) seem to be suggesting a consolidation pullback, or gradual money shifting from dow to gold. The DXY is also very extended IMO.

On a macro outlook, take your pick, prediction is impossible but if charts are telling, Gold has a ways to fall longer term unless inflation comes into play.
http://www.macrotrends.net/1340/gold-vs-the-cpi-historical-chart
http://www.macrotrends.net/1379/dow-to-gold-secular-market-cycles
http://www.macrotrends.net/1329/us-dollar-index-historical-chart