last oportunity to short this etf from the top
RSI 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 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.
Looks like a potential $3 move higher on dust to me. Unless the dollar breaks the support its sitting on. Don't think it will.
If 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
probably head up late day for 5%
I 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.