U.S. Dollar Chart Study

The long-term U.S. dollar chart shows a major down trend may soon be broken.

However odds are good, based on the pattern begun early 2018 and the highs of 2015, 2016 and 2017, that a major retracement of the gains since early 2018, if not since 2011, will occur. 



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DJIA Chart Studies & The Bitcon vs Stocks

DJIA Monthly:

Chart above shows a parallel channel stretching back 17 years.

The weekly chart below shows major uptrends broken with well-established resistance immediately overhead.

 DJIA Weekly:

 DJIA Daily:

Circled in blue above are the previous 5 times our proprietary indicators were at the same level as the most recent circle.

At best stocks went a little higher prior to plunging.

Either way, fortune favored the bears.

Bonus: The Bitcon [sic] vs. Stocks:

History repeats.



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Selling JNUG for 26% Gain In One Week

We're selling this recent JNUG position, which currently trades at $77 which is +26% from our entry a week ago. 



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Buying JNUG and TZA

A month ago we booked a gain of 48% on one JNUG position and gains of 11% and 15% on two TZA positions.

JNUG currently trades at $61.70 which is 31% below our sell price and 41% below its August high.

We're buying back that JNUG position now.

TZA currently trades at $42.45 which is 21% below our sell price and 25% below its August high.

We're buying back one of those two sold TZA positions.



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Buying USLV

Earlier this week we sold USLV just the day before it peaked.

It then closed the week 23% below that peak and 18% below our sell price.

If it trades back down to $94 we'll repurchase that sold position.



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Selling USLV

Silver is skyrocketing while enjoying mania sentiment.

We're selling our remaining USLV position, expecting to be able to soon buy it back at a lower level but if not then "just" the 27% gain is fine for us.

USLV currently trades at $123.35

If metals and miners continue far higher, we still have JNUG, entered at $69.25 and now trading at $95.10 (see link above), to capitalize on that.



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Bearish Sentiment A Very Bearish Indicator

4-year average bearish sentiment near 50-year low.

Very bearish.



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