SPY has fallen below its trendline and some bearish things emerging unless we see a late day ramp up. Volume although increased, not of the strong kind so I am letting this play out for more days and it is possible I miss this down move as I would rather short the bounce than chase it.
My NUGT short went underwater today but looking to hold as GLD is printing exhaustion candle and high chance for more chop.
In consolidation and looking for break below
Still in upper end of the zone
SPY broke its RSI trendline which isn't good
stopped out of GLD yesterday for -25%. Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...