Monday, December 1, 2014

Dec 1 - SPY HYG sell signal triggered Fri


HYG posted sell signal Friday.  Now sitting in big position of SDS and expecting some selling for this week.  GLD hammered Fri with the oil selloff and will see if NUGT is worth reentering.  Gold miners bounced hard off resistance so for now trend is back down again although there are still indicators that a long position is not out of the question.  If GLD breaks previous lows we could be looking at that big drop more than a few people are looking for.


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