Nightstar

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About me I just get really exited when I see charts :')
Joined Los Angeles, California
My candle is bigger than your candle :')
Markets Allocation
43 % stocks 57 % other
Top Mentioned Symbols
DXY 42% | 3 USOIL 14% | 1 XBI 14% | 1 NUGT 14% | 1
Nightstar Nightstar JNUG, D, Long ,
474 16 9
JNUG, D Long
A date with JNUG

JNUG is looking rather yummy lately and I'm getting ready to take a nibble :) Miners - GDX/GDXJ - were trading way above their 200DMA and were in dire need of a correction. That correction is now very much underway and Gold could print a DCL any day now. Notice how JNUG is flirting with the 50 DMA and possibly the 62%Fib Retracement where you'll find strong ...

Nightstar Nightstar DXY, 240, Long ,
190 6 7
DXY, 240 Long
US Dollar ready to bounce up..!

The US Dollar tagged the 62%Fib Retracement today and could be putting in a DCL. If so, then we should expect a bounce up over the next few days and a possible correction in Gold.

253 5 6
USOIL, D
OIL could push all the way up to the 38%Fib Retracement

Baby bulls are unstoppable when first out of the gate, so don't be surprised if OIL pushes all the way up to $56 before correcting down into a DCL. This would also coincide with the CRB bumping up against 200.. And I can pretty much guarantee that's gonna happen :)

Nightstar Nightstar NUGT, D, Long ,
259 7 4
NUGT, D Long
NUGT price projection

Waiting on a bounce up in Gold. Please bare in mind that NUGT/JNUG are extremely volatile to trade but money makers nevertheless - trade at your own risk!

Nightstar Nightstar DXY, D, Long ,
89 0 3
DXY, D Long
A higher high in the US Dollar is still a possibility

Please keep in mind that the US dollar could very well be in the process of printing a Half Cycle Low and could potentially break through trendline resistance as well as deliver a higher high before correcting down into a much anticipated Daily Cycle Low. A higher high would also produce bearish divergence with our Stochastics, RSI, TSI indicators -- a reliable ...

Nightstar Nightstar DXY, D, Long ,
95 0 6
DXY, D Long
Resistance up ahead for DXY

The Dollar could be bumping into a bit of resistance soon. The 100 MA is just up ahead with an intermediate trendline hanging overhead. It is also worth noting that RSI/Stochastics are currently showing overbought. This could trigger a momentary bounce up in Gold/Silver.

285 11 9
XBI, D
A Play On BIOTECH

Here's the thing.. whether you like it or not the Stock Market is heading higher and if you really wanna maximize your upside potential then BIOTECH is where you should park some of your money. Biotech is very much on the move but I would wait for a bounce off the trendline to buy back in -- Momentum is on our side but RSI/Stochastics are showing a tad overbought ...

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