Just a not so subtle reminder that the NFTRH service includes in-week updates, some of which are macro-oriented and some of which are micro-oriented like this now-public update about the short-term situation in the gold miner ETF.
Here is the chart from the update, as of this morning. Gap filled and support being tested.
Now, I am not touting because I will tell you clearly that this is the relatively non-liquid gold sector and nice neat chart configurations and related plans are made to be busted or only loosely adhered to (SMA 50 could easily be tested). But that does not mean we cannot have plans. So far, this one is working perfectly. I took a solid profit this morning on a gold miner bear (DUST) position noted in the update.
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