Wedn thoughts

343
if u like spx swing long, one could consider UTIW long, its chart the last month looks similar to SPX,,but UTIW 3-4 month chart is stronger than spy spx

337
ES now at 1314, from 1298 post earlier es 70% long signal, makes sense for scalpers to take 50-100% of shares off for 16 points profit


311
not saying it gets there, but a TLT below yesterdays low could likely trigger intense buying in spx, gold, silver, gdx,,,,this relationship does not always exist but imo, in this case, it applies,,,,it tends to apply more when TLT is at resist or support extremes

imo, TLT will breakdown and trigger such, tho it may take days weeks to fully materialize, applicable for swings only

255
nugt gdx may pb to 4300, even there still bullish, may present opp to buy again, else move on to next opp,, still have other open positions besides gdx nugt

254
[14:53:50] still see higher, gdx is still on a "hold 4 more hours or longer", but it is at psoted trgt from yest and stalling here,,,will prob go higher but need to limit risk on small port
[14:54:15] larger port: holding the last 25%, and will try to buy back again lower, still exposed to gold metal via dgp which is laggin now but may catch up


248
4680 is primary swing trgt 2, with pauses along the way, 4541 may cap todays advance if it can get there

246
gdx hit 4421, one cent over 4420 trgt, still see higher to next trgt on GDX  NUGT

405
WOW look at TLT last 1 hour,,nice move lower tlt, higher tmv

400
observation: moves down are often bigger and faster than moves up, swings,,,, 8 days down move could have a very long dribble higher on spx
358
this TLT selloff, after 3pm, not good for TLT, bearish TLT move, bullish spx this time imo
TMV 3x and TBT 2x are etfs for bearish TLT plays

356
1340, 1363 es trgts swing


353
[15:52:16] TLT still needs under 122 imo, for any real move up in spx gold
[15:52:44] i believe TLT under 122 willl have retail buying spx, and smart money buying gold and others


347
VTNC just jumped, still down for day, but shows the crazy volatility of those stocks,,6.50ish to 6.86ish


242
large port would take another 25% of gdx nugt off here, up 2.2% ,,,6.6%ish from yest entry, small port still holding on

239
GDX is now close to its previously posted take profit trgt, for small port, BUT i've removed the order to sell there and will instead wait and observe reactions,,,GDX  NUGT may overshoot that second target

158
GDX 60min 3rd test of its highs,,has pb a bit, thats normal, i'm holding longer,,often it will breakout on the third test of the high

139
gdx at 1%ish profit trgt from yest entry,,,nugt 3%ish,,,but holding longer in small port


138
GDX is "close enough" to the 43.69 prior posted trgt, i'm considering that trgt hit (or revised it lower, whichever makes more sense),,,still holding this for the next higher trgt if able in small port,,,larger port taking some off here near the trgt 1

116
4369 and 4420 GDX targets, higher later, order to sell some GDX at 4420 trgt for now and hold rest, to try to buy again lower if 4420 hit,,,may sell 25-50% before 4420 at 4369ish if it cant get there todaty

115
imo, MM have been accum GDX since may 10,

114
pb to 4250 gdx would be normal imo,,,wathcing if it pb an reaction there if it does,,,hold or break

113
MM are not buying more GDX, yet at least, that may change later

112
Market Maker reports show that MM tested retail at that level, MM sold at that level, and then backed off,,, they are still selling into this but MM reports suggest they are still net long GDX sector

111
also intraday, gdx did not pause at the 4270 test and pb to 4240ish which wouldve been normal, has pushed right thru it to 4300 last

109
notice that GDX is much closer to its May 10 daily high than spx spy is,,,also GDX already tested this high just yesterday as well,,,bullish for gdx vs spx,,gdx and nugt should outperperform spx imo (for SWINGS)


1246
ES 71% buy just rang,

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if u like spx swing long, one could consider UTIW long, its chart the last month looks similar to SPX,,but UTIW 3-4 month chart is stronger than spy spx

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