Nothing much changed from the backlink model which is below.
Just looks like some kind of triangle is forming. If you are not in this I would just stay on the sidelines until we get more clarity. If this wave bottoms at $13.20 and bounces in 3 waves to $13.80 then GTFO to ensure that it is not just wave 2 of 5 b/c if so the next wave down would bust through the lower rail quickly.
Wednesday, January 13, 2016
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Bought NUGT today at around 18 by close.
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