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bhowe
Feb 10, 2016 8:39 PM

DUST Long

Direxion Daily Gold Miners Index Bear 2X SharesArca

Description

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
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