My thesis is that comparing an equity price in a ratio to spot gold expecially on long time frames can sometimes bring clarity to complicated trading decisions. Here, I seek to determine since I hold both gold on the forex market and NVDA call options, whether I should sell one to buy the other. Upon putting the ratio of NVDA price compared with spot gold on...
Traders, In this video I discuss my stance on NVDA and its relative NVDS (-1.25 Bear Directional ETF). I also discuss some other bearish patterns I am seeing on the charting. This will be my last video on Trading View Unfortunately. Good luck out there everyone. OVER AND OUT
NVDS inverse head and shoulders / NVDA head and shoulders. Frothy nonsense with AI / seasonality / short squeeze / blah blah blah. Short the tech ponzi and long the inverse. Trade of the quarter. Only need 1 good one. Tight stop. Take time on options.