DUST trade ideas
sell once finish last small bull wave this bear 3x etf goldlast oportunity to short this etf from the top
Almost breaking the downwards trendRSI reaching higher highs @70. How long can we keep it overbought?
DUST is reaching SMA(100) which has been the on a YTD downtrend. Hopefully we can brake through the 25$-26$ to change the direction of that main trend.
DUST is Broken-OutDUST looks ready to fly. Wouldn't be surprised if there is a small, short-term pull back, but I also wouldn't be surprised if DUST just starts shooting straight up. All depends on how quickly GOLD falls to 1220.
$gdx $dustLooks like a potential $3 move higher on dust to me. Unless the dollar breaks the support its sitting on. Don't think it will.
2 possible targets for bear minersIf gold keeps falling I can see bear miners moving. Dust or Jdst. 2 targets any reverse movement would stop out this idea. Target 1 daily 50sma & 10ema weekly...target 2 monthy 10ema & weekly upper BB.
$jnug $nugt $dust $gdxj Gold miners threaten Breakout$jnug $nugt $dust $gdxj Gold miners threaten Breakout
Long DUST ideaI like the look of this chart of DUST. I bought this morning. It's always risky holding over the weekend but its a small position, relative to all holdings. GOLD is breaking below $13000 looks good for a pullback. Cycle wise we are due.
DUST(4hr charT). Possible weekly kod, ascending Tr.DUST(4hr charT). Possible weekly kod, ascending Tr.
DECREASING CHANNEL on DUST ETFThe DIREXION DAILY GOLD MINERS INDEX BEAR 3X SHARES chart, in a one hour timeframe, has been forming a Decreasing Channel pattern, hitting three times the line above and two times the line below, in this case its advisable to observe the channel a little more until prices reaches one of the two lines to evaluate the opening of a position.
