Post was accidentally not password protected. So be it…
Please pardon the NFTRH+ updates to the general subscriber base, but I consider everything going on this week macro related and relevant. So these serve as regular updates as well.
In NFTRH 400 it was noted that I would love to see 305 on the GKX index in order to buy back DBA. This is close enough. I added DBA back this morning.
Here is DBA gapping down to the 50 day averages. I almost bought it yesterday but exercised caution ahead of Brexit. A good lesson in patience.
I also sold all the leveraged index shorts (still tentatively hold SPY short) noted in this morning’s update but continue to hold long items at this time. FYI.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the buy, sell, stop parameters are already noted. They are meant as a starting point for further research if interested. I will not personally buy every item highlighted and will sometimes sell – without prior notice (because this takes time and resource away from NFTRH’s main functions) – any item that I do buy, below target, which is something I often do as a trader. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.