I am thinking 1-2 days from closing shorts. A big flush out is probably coming Fri/ Mon. Depending on indicator, it shows 1-3 days from a tradeable bottom. When things get volatile, I bring out the whole set and take an average. That said, things point toward Monday but I will probably at minimum pull off 1/2 tomorrow
Usually this is 1 day late, on the Aug decline, 2 days late
NYA maybe 1-2 days from stochs bottoming
NYUPDN volume maybe 1-2 days to get into yellow zone
Not enough positive divergence here. Too early for longs
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...