Replies to post #10928 on Direxion Daily Gold Miners Bull 2X (NUGT)

[mannken]

Indeed, I'm looking at these bullets ...

* Review Dec 2013 bottoming cycle, including volume patterns

* DXY/Dust closed near highs Friday, going higher Monday

* Typical max of white soldier breakout candles is 3, with Fri being #1 (for dust and dxy)

* Tops and bottoms like these take at least 2 weeks to churn out with a final new high or low put in as exhaustion.

* Oct22 CPI, know one in their right mind can say prices have not gone up, at least at the supermarket.

* If CPI upticks, will Fed raise rates on 17.85T US debt and faltering economies around the world to crush them even more?? or let inflation creep up in the pickle they will be in ???

So yes, I am with you! I think 18's will become available tomorrow or Tues and I will add. Then I will sell on any big bounce and wait for under 20's again to start going all in, pre Oct22 CPI, and hope CPI upticks for a massive reversal.

No one can predict, but you can almost be certain that selling on the first oversold bounce, you will be able to re-enter close to the lows again before the big run, if it comes. More leverage!