Miners going up

2017年4月5日

Nugt made an engulfed bullish candle that was greater than the previous day. I feel were now moving up for a final wave of an ABC correction. Dust and Jdst (bear shares) haven't been able to stay above the 10 ema for a several weeks (bearish trend). The dia and spy had a very bearish candle trying to go up in price today.

Stop at 9.20.

2017年4月7日

交易進行

Wave points need to be adjusted a bit.

2017年4月7日

交易進行

Miners haven't been moving well with gold. The markets are sideways as well. I feel gold will need to find a new support point. Everything is compressed and it makes a swing trade very difficult no matter what side of the trade you're on. I'm just going to wait for a brief dip then reenter. We're still in an up direction and I think the last wave will be much stronger. Most people believe wave 4 can't go into wave 1. I don't agree with that rule. Rules are meant to be broken. Do you always do everything you're told?? I don't think waves care at all.

I'm reading an Ion Copsey book and he pointed out what I believe wave 4 can go into wave 1. It's a hard read, but I agree with his concepts. If feel he and Elliot are both correct in different ways that meet at the same point.

If this last wave is extended I'd wide target $11-$12.

2017年4月11日

交易進行

may hit resistance near 11.80ish, retrace, then head near 13ish

2017年4月12日

交易進行

choppy, I'm now seeing retest and fill gap 10. Then up to original target box.

2017年4月19日

交易結束：目標達成

Target was reached. I'm not sure why it had such a strong sell off afterwards.