The 3x leveraged ETF’s have just not performed during this last waterfall in USD so I’m booking out of NUGT here at 9.86
The way things are setting up we will get another fantastic buying opportunity once The U.S Dollar gets its inevitable bounce out-of-the-way here in the next few days. Once USD puts in a daily cycle low….we can really only expect about 6-8 days UP before she rolls over for another devastating leg down.
I am sitting 100% cash as of this moment. Not a single penny on the table.
Can you imagine how good that feels?