MoneyPatterns

GDX - Ready to pop with BTC , while SPY falls

Long
AMEX:GDX   VanEck Gold Miners ETF
GDX, SPY, and VIXY all tell similar story.
Things are topped out. Gold, Bitcoin, and shorting SPY will be the best (if not the only) options for alpha in the upcoming market.
If you are long SPY or any equities, be careful chasing that last 10% because a 20%+ drop is below you.

Long - GDX, MARA, VIXY, BTCUSD, GBTC.

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