ETF Trading Research 2/28/2019

No real follow through higher or lower today as the markets made it tough to trade staying in a tight range. Like to see 2800 to get short if not in anything and below 2764 for current shorts to take off. That’s where the data is showing we should head no matter where we top out with this bull market. We may have already topped out but that doesn’t negate a test of 2800 area on the way lower.

DUST is all I feel strongly about right now. JDST would be the same. DSLV or DGLD as well. DUST hit 19.21 but couldn’t break through but never hit a lower low all day which is bullish. Dollar needs to kick it up to 97  though so has work to do but gold and silver are falling lower overall now. Like to see gold break 1300 and head to 1250 support.

Oil still bullish overall and UWT triggered a buy today. Hoping it was just news related and we get oil back to falling  with the markets.

Nat gas to 2.90 area where we will short so UGAZ is still a buy the dip candidate. Trailing stops though.

Like to see BRZU falling and maybe saying this market wants to overall move lower. Can still be our leading indicator when markets gain steam south.

Interest rates ticking up a bit with TMV becoming a buy.