OK, I believe this is one of the best entries we’ve seen in some time. There should be one more tiny move down, but the time is ripe to roll into longs. Portfolio now long:
SSO long @ 51.22, stop at 51
FAS long @ 22.11, stop at 21.95
TNA long @ 77.54, stop at 77
BGU long @ 78.34, stop at 77.75
also the Nasdaq has not made a new low! if it doesn’t, then its next move will be up huge!
FDX long @ 90.50, stop at 90 stops based upon end of day closing prices