JNUG/NUGT ratio going 1+
The inverse h&s neckline is being tested in the handle right now. A brake of green descending TL from previous range would give immediate TP of 1.03 (top of cup).
IHS extension target is 1.15. With break of 1.03, I expect a move back to bottom of range from 2014 at 1.24. Longer term, cup & handle extension would give 1.64, but that would require a massive move by gold, so not expected soon.
Invalidate with daily close below .8 on the ratio
IHS extension target is 1.15. With break of 1.03, I expect a move back to bottom of range from 2014 at 1.24. Longer term, cup & handle extension would give 1.64, but that would require a massive move by gold, so not expected soon.
Invalidate with daily close below .8 on the ratio
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.