I am stalking a reentry into JNUG, the triple-levered long ETF for the junior gold miners.
On the 30-minute chart, note the gap-fill down to last Thursday pretty much to the penny. Let’s see if that holds today.
In addition, my sugar long is working well, and corn is trying to get moving this afternoon after a mild shakeout since yesterday near the bell.
What are you trading today? Drop me some ideas.
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Long; SGG, CORN, BAS & ANR
Short; FDX
Re-entered tasty short in LNKD
SIFY
Long NFX, SD, HK, ANR, ARIA.
Selling UGAZ little by little into this run.
Started CHL and GOGO a few days ago.
Frustrated with ANGI, PBR.
All synthetic except HK, UGAZ.
Love the CORN, JO, and GDXJ look!
Sold my $UNG. Probably early…looking for reentry on pullback. Long SFM, CSII, RSOL,CORN, URA,. Short BLMN & SPY.
Watching my FTEK here. Breakdown from here would be bad, but if it moves higher…
It’s a nice setup for someone looking to initiate a position.
FNMA.