Two 10-minute timeframes here.
Gold miners triangulating in a symmetrical manner (highlighted on first chart below) at the apex. Watch to see if the upside momentum continues. I still have a piece of NUGT left on long inside 12631.
And the QQQ ETF is at the apex of a triangle in a downtrend (only on this timeframe, of course).
I am watching to see how these consolidations resolve this afternoon. Typically, the prior trend on this timeframe, up for miners and down for the Q’s, suggests that will control the directional break.
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So true. Tempted to buy back csx @ .20 less than when I sold earlier