Not that I do not enjoy multiculturalism, but you're in a league of your own. You should really have your own list and not waste your time with the regular carbon-based units..
Right. When I mention the 3x's it's only for the next day or two only. I'll get back in at 21 or so if it happens before close today. I disagree with the yummy thing. The weather is totally overriding whatever technical data you look at. Bad weather will push nat gas higher.
You say the same thing, at the same time for nugt and dust. All you are saying is that you know nothing.
Be careful about UGAZ. It is like a shaky building that is going to crash soon. Look for 16's range first for the pullback. If your timeframe is 1 to 2 months. DGAZ is yummy at this price.
UGAZ setting up for the next leap. JO up 3.5% with Xmas coming and all. all season specific goods are up today in a bearish market: BAL, DBA, GCC, GMCR.
PMMs were really bent if they still go up when gold losses 4$ in half hour. Good setup for nice year end, I load up a little NUGT every 0.5$, GDX, GG, NEM too for long term.
Here's a opinion from iitrader.
Gold is testing the first three star resistance this morning at 1251-53 being led higher by a weaker Dollar. Traders are obviously scaling back bets that the ECB will continue to press it's stimulus; thus supportive to the Dollar. After holding a low of 1210.1 on Friday, the test and close above resistance at 1234.1-35 took the bears out of control in the short term. Despite not making a new high compared to Friday during yesterday's session, the hold at two star support at 1223.5-25.8 has allowed value buyers to come in this week ahead of the FOMC meeting next week. Data is again light today as it remains that way for the most part all week. Continue to play the levels, however a close above 1251-53 which aligns with the 20 day moving average today at 1250.7 will likely lead to a stronger trade that could have the potential to reach 1270 before the end of the week. Only new session lows and a close below 1234.1-35 support will negate this short term bullish activity.
Resistance - 1234.1-1235**, 1242-44.5**, 1251-53***, 1259**, 1262*, 1268-70***, 1278**
Support - 1223.5-1225.8**, 1217.1*, 1209-1210.8***, 1182-1187***, 1174**, 1155.6*
Both the $ and gold are heading down slightly already. It seems like there may be some profit taking in Europe, but…GL