Thanks for your analysis and sentiments SwingKing, much appreciated my friend!
It's becoming increasingly difficult to predict anything in the markets one day to the next but we must try to work together to try and time the tops and bottoms as best we can. We are not professionals and do the best we can with what us "outsiders" know, guessing is what we do best.lol
JNUG-DUST-RUSL-TVIX-UWTI- These are my favourite ETF's to day trade so please try to keep me and the board updated on any analysis or trades on them going forward.
JNUG managed to close above the 50dma on Friday. The daily chart is suggesting to me that a much bigger push upwards could be on the horizon, small gap at $50 range.
Do you see what I see or do you still think this one is at a top?
Market's hit my 2020 mark and GDX is also in the target box. (SEE LINKBACK) I've already called bottom on Oil at $45 and we hit $45.90 this morning. I did get on both UWTI and UGAZ a bit early but at this point I'm not overly concerned. I believe both Oil and Nat Gas are very very close to a bottom. More to follow.