Multi year compression leading into the Apex as the US-Iran tensions heighten. IMO CCJ will be over $10 in a matter of weeks.
Multi indicator confluence of a coming trend shift. Been averaging down on this as the price action showed more promise. Indicator roundup looking like all signs point to up.
GGN is a closed end fund I've been sitting in for about 7 months now. It pays a 13% dividend which is very nice to accumulate. It also pays out monthly. Gold and Oil are both starting their bull runs. 66% gold and 33% oil in this fund. Their underlying assets are a lot of metals and energy companies. They write covered calls to generate the income this stock produces.
Schematic 1 for wyckhoff accumulation. school.stockcharts.com No position at this time. If we get a break out I'll look into it.
Seeing a very consistent dome pattern on the 3D chart. I'd be looking for shorts/puts either on a retest of the dome line or on a break of the support. No trade on this until I one or the other happen.
I'm hoping for $30 silver someday. Probably a year or two away.
January OI on $5 and $6 calls rising. Two gaps to fill.
Noticed some large puts being bought for $50 and that is a long term support. Price looks over extended and earnings if they are bad could drop this down hard.