CosmicDust

CosmicDust

Comparing with previous two short term tops, last several days of price action and technical divergences (unconfirmed higher high) seems to suggest it is developing into another short term top. So will hold onto my short position but will monitor the price actions in the next several days closely and have stop order in place (given that the weekly and daily...

CosmicDust

Here are some characters of a market top, on a monthly chart: higher high, followed by price falls below 10 month moving average. MACD downward cross over, diverge from higher high price. RSI roll over to the down side, cross below 70, diverge from higher high price. Stoch downward cross below 80, diverge from higher high price. We will have to keep close eyes...

CosmicDust

NUGT made a higher high today but on weaker foot. Volume, RSI, MACD, Stoch all do not confirm the higher price. Expect a correction in coming days. Price target $44 - 43.

CosmicDust

AGQ well defined channel. As seen on the chart, there is still room to the up side. We will see how it behaves once hit resistence.

CosmicDust

TNA short term price target.

CosmicDust

On resistance, watch closely for breaking out, or drop from here.

CosmicDust

Short term price target for TNA

CosmicDust

VIX repeat pattern?

CosmicDust

For long term investing, VWO is still weaker than VTI. To invest in emerging market via VWO, patience is still needed, until the ratio improve. Right now investing in the broader US market via VTI is still favorable.