uvxy is red now but imo has good chance of at least go to 58 no matter if it goes lower, real trgt is over 58, ...
256
GDX down a lil here but acting as expected, a lil lower would be ok on it....4-8 more hours on the 60min chart for gdx to rest,,,
But GDX may go back up within the 3 day rectangle on 60 min instead of lower, right now its putting in a green candle, then pause, then break the rectange.....whether higher or lower first, imo still will break the rect higher later
1159
GDX charts suggest it may need another 4-8 hours of sideways even down before moving up again. could pop higher sooner, but it would not be horrible if it filled gap lower and would not wreck setup for bounce later. but not buying or adding here since already have enough swing GDX NUGT.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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