DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, BANK OF AMERICA CORP, DIGITAL POWER CORP, FINISAR CORP, OASIS PETROLEUM INC, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver Futures, Crude Oil, Natural Gas, Coffee, Corn
Bitcoin / Dollar, Ethereum / Dollar, Bitcoin Cash / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
This positive divergence shall play out at the bottom vs at the top - negative divergence. Two trend-lines on the price (downtrend line broke and being retest).
Bullish divergence on daily, a bounce is definitely going to happen $UNG $UGAZ
The end of the dark tunnel for $UNG $UGAZ is nearing.
short squeeze will happen. Price is above cross over over the mid-line.
Dip to 3.075, NG is on wave 3 move to 3.27 on 8HR chart.
here is why..
And TD sequential was at 9 too, moved up to 3.12 $UNG $UGAZ
12 HR and daily chart reached to TD sequential 9 and is above 2.88 support. Target $3+
So it has a good chance to pullback before rate hike speculation starts soon. I see 1277-1298 trading range for coming days until rate hike is done. Next Jan see 1300+.
112 and 111.50 are support areas, bounce back to 113.3 is next move.
112.03 is 200 weekly support, shall bounce to 113.3 then drop again next year.
A pullback to 1280s is likely, the path is on chart. $GLD $GDX
Buy at market open, pump and dump $SPY, the path is clear.
Short at 113.70 and target 113 and lower, stop 113.80.
Be cautious, another 30-50 points drop is not impossible.
Good luck to $GLD $GDX $GDXJ $JNUG $NUGT
Shall bounce back again next week.
Moving up along the 3/4 HR cloud.