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Wednesday, November 11, 2015
Nov 11 - Long GLD/ NUGT
Looks like a very good long setup for GLD/ miners right now. In GLD call spreads and NUGT and looking for a 1-2 bounce. Equities continue to churn/ drip and will wait until next week to potentially go long. Right now the picture is too unclear to pick a side.
Positive divergence on the hourly which could lead to a big spike up.