tues thoughts

400
remember: "overbought" does not always mean lower, sometimes it means sideways

356
fortunately today, GOLD gave a warning before gdx fell hard, and was able to exit and take some gains on the warning

354
glad took gains on the quick swing gdx nugt...its going to be impt to see if it moves sideways or lower in coming hours days. im on the sidelines on the quick swings on gdx, both long and short r tricky here imo, but multimonths i see higher vdx

328
note that financials weaker than spx. xlf vs spy, as was the case last week and for awhile

322
i bought a half size position of SRS etf

317
gold looking tired. protecting profits and taking some gdx off here. 60min charts

i still have multiweeks month hold on gdx nugt tho, 2 separate trades

202
OIL is creeping higher here but imo still goes lower for swing. notice the volume on the 60min chart of USO

high vol red candle, low col green candles

1248
GDX just marginally broke  resist...watching to see if it gets follow thru intraday higher

1209
silver shoudl test higher 22.75/23.20
: gold should test 1360

951
uso to fill gap lower on daily/60m chart, another trgt, about 1% lower uso, 2% higher eco approx

but i'll hold oil shorts for now 

946
oils. that first trgt would boost sco about another 3% higher in gains from here, approx

943

still short oil via longs in sco. watching to see what oil does if it gets to 99.80 area, target ...will it hold or break support lower....will hold or close accordingly

938
4pm sys still on hold shorts, this one may take a loss, we will see

937
GM all...taking gains on UNG shorts, double sized position

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