With the fundamentals pushing gold down but will all the long-term financial pointing out to a recession -or at least correction- in the market and the global economy, I'm very bullish on GLD.
I do, however, only purchase instruments at the most advantageous point. Ideally, 100.50 for GLD.
From now to then, I ...
The drawings on the chart make it pretty self explanatory, but, based on all the fundamentals and recent surge, I'm very bullish on NFLX.
With that being said, I believe there will be a continuation of the current downtrend, testing of the support and back up to -at least- the current resistance level.