***RoughDollars Best Charts - May 2, 2016 - 'Getting Back to Basics'

Edward Hunt Has Had Over 100 Followers Rank: 21 Followers: 115 Votes: 338 Years Member: 7 Last Update: 2 May 2016, 21:07 Categories: Trend Analysis
General Market Commentary
ETFs

May 2 Noon > New Month, new week, JNUG and NUGT sell... Everyone jumping off, today at least.
Awaiting the next set up. Gold traded above $1300 intraday but pulled back for the close. No need to have several time frame charts. That is called clutter and the shorter time frames can cause whipsaws. One hour charts with TSI indicator working perfect. So for now, if it ain't broke, don't fix it.... Broad market still overvalued and SPY is high in the sky! Remember: Greed killed the cat.... Happy trading. Appreciate the votes folks..

Always remember: Good health is a wonderful Blessing from God.
Proverbs 3:16 Blessed is the man who gains wisdom, the man who gains understanding.

Less

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ $ JNUG***********(TRADE CHART) - 1 hour 45 Days Candlesticks, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ JNUG - 1 Hour 45 Days Candlesticks, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ NUGT ***** - TRADE CHART - 1 Hour 20 Day Area 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ NUGT - 30 min TRADE CHART - Heikin-Ashi, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ $ $HUI - 1 hour 60 Days Candlesticks, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ $ $HUI - 20 Day Heiken-Ashi, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! ! $ $ GOLD $BPGDM - Daily 2 Yr Performance, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! $ $ $ $BPSPX - Daily 15 Mo Candlesticks, 1280

! ! ! ! ! ! ! ! ! ! ! ! ! $ $ $ $VIX Volatility Index - 1 Hour 4 Mo Solid Line, 1280

! ! ! ! ! ! ! ! ! ! ! ! !$ $ $INDU - Daily 1 Year Candlesticks, 1280

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