Folks it doesn’t get any better than this! Our trade entry of tqqq at the virtual bottom of the largest crash in almost 100 years. TQQQ hit 50$ today! The NASDAQ and semi-conductors have broken the down trend line and the Coppock Curve is also starting to curl upward and our kiss with the MACD and RSI signal. We expect higher prices into early April.
Nothing has changed with our gold forecast . We still expect a consolidation triangle to play out capping price under 1700 for the near term. However, the miners are stocks and with the share market recovering a possible retest or slight top tick off the March high may be in order for early April. As one can see from the GDX (gold miners ETF) chart above, we have Coppock curve curling upward and our buy signal from MACD and RSI. We will watch gold closely so in case our forecast needs to change we won't be left in the dust . This is a dynamic market with mass amounts of central bank manipulation. For now we are focused on the easy money in the stock market!