PowerShares DB Gold Double Short ETN (DZZ) chart update ; 1) Focus on the "entry level" ; a price break out right above it 2) Pay attention to that support level
7
comments:
AK
said...
Whats your thought on UNG today? Was Fri a head-fake!!
Thanks for $DZZ I was cogitating on that one for a while. I should have sold $UNG on Friday and bought back yestreday. One knows he got it wrong when a day trade turns into an investment :)
Not so good lo Entred Posi GLL @8.81 it closed last night @ 8.78. I have a trailing stop 8.70 I am pretty sure I am going to be stopped out premarket ... and obviously it going to bounce back after that. (Murphy's strikes again). It is unwise to undisciplined in this market
PowerShares DB Gold Double Short ETN (DZZ) chart update ;
7 comments:
Whats your thought on UNG today? Was Fri a head-fake!!
If you take a look at the natural gas futures, there is a triple top-like pattern, that's why UNG dropped today.
Btw UNG and GAZ are awful, they can't follow the price of NG, sadly.
Thanks for $DZZ I was cogitating on that one for a while.
I should have sold $UNG on Friday and bought back yestreday. One knows he got it wrong when a day trade turns into an investment :)
Really tired was actually looking at $GLL instead of $DZZ (my institution does not offer $DZZ product)
Short against a strong trend? No ! Thanks.
Hey guys, How are those shorts doing? GLD just got over a strong resistance. Very bullish!
Not so good lo
Entred Posi GLL @8.81 it closed last night @ 8.78.
I have a trailing stop 8.70 I am pretty sure I am going to be stopped out premarket ... and obviously it going to bounce back after that. (Murphy's strikes again).
It is unwise to undisciplined in this market
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