DUST opened with a gap (hard to see on the picture if you ZOOM it's there) and suffered a -18.77% decline. It was a capitulation. I think the thing what is happening in the miners is very important for gold. Miners will have an intermediate decline in the following weeks. And the reverse fund DUST will rally like crazy. The intermediate lows in DUST are always...
Dust - this is a real S* Of a B*... I do not recommend this one to beginners, but if you are a tough guy and can handle some risk this can be a good one now. Gold will break down sooner or later . When gold breaks down gold miners will start a correction also and DUST will start to rally. Many asked : go long now or later? DUST split is coming in MAY. I think if...
Whose buying NUGT? I think that gold and miners are very over extended would you buy NUGT now? It could make you the guy holding the bag when it opens 20% down. Its just too late in the cycle to buy NUGT here. I'll wait for a pullback to get in. Buy DUST? Not sure I would do that any time soon. Too hard to tell. If you listen to others shorting a baby bull is a...
Gold seems to be starting its 4-6 weeks decline into the DCL. If it is then DUST will have the chance to produce it's bounce to the upside in the following few days. Watching the volume I'm quite sure that few big players had already positioned in this vehicle. It's a good risk/reward : if we just fill the gap it's 120%. I'm not going to hold this position more...
Similar to Gold Dust has touched 1.618 inverse ext As well.. Long DUST SL: 3.10 TP: 11.30
Follow the volume. Moves signaled by low RSI, Low Money Flow, Fisher either low in reversal or in up signal, WITH INCREASING VOLUME FOLLOWED BY VOLUME ABOVE the increased volume average, signal a long DUST trade. Then, volume bell share with increased DUST Price as volume drops. Sell signal is normally at RSI over bought.when in an up channel, else RSI60 over...
DUST basing here at the %R very oversold. Volume picking up. Look at the last time DUST had a base like this, it went up pretty good. The problem is, we are starting a bull market in GOLD and betting against the trend can be very risky. Wiat unitl the price gets above the 8ema before getting in. Could project over $12, I'd be happy getting to $8.
High volume previously have indicated change in direction, will we see that again?
DUST appears oversold right now. The TSI is oversold and at previous places where reversals take place. I am looking at a move up out of a descending wedge pattern to complete the AB=CD pattern. Also getting a stochastics cross LE recommendation. Expecting a similar move higher as seen Yesterday, the 9th. Note this is a 15 minute chart
Measuring a consistent downward trend on the 15min Looking to open a position at low 7's w/ a tight stop..
$DUST @ support, should be GREEN in next few days.
In the prospectus it basically states that this instrument is engineered to "possibly" go as close to zero as possible. That will eventually happen. I have no doubts at all. But... for that to occur we'd need gold to start moving substantially higher. That is not happening anytime soon. Maybe another 80 dollars per ounce, but don't see it gaining more ground than...