12-30-16 – Intraday Update

12-30-16 – Intraday Update

Sold JDST (Inverse Junior Gold Miners) @ $34.00 for a 11.48% or $1,015 Profit. Didn’t want to push for my $35.00 limit order as this was a strong enough move and good profits for such a short period of time. 

JNUG (Junior Gold Miners) responded to the Keltner Top immediately this morning. Still plenty of time in the trading day to go lower, but I took a peek at my trade and couldn’t resist taking the money off the table.

JNUG 12-30-16

Final chart and order for JDST (Inverse Junior Gold Miners)

JDST 12-30-16

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ETFs to Watch – 12.18.16

ETFs to Watch – 12.18.16

The trends are strong and running long in these markets. I’ve been skeptical of the new highs, but my skepticism isn’t turning the market. I’ve been able to make some good trades on the extreme reversals, but there are longer term plays for both the longs and the shorts. Find out which are which in this week’s ETFs to Watch!

 

 

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