ETF Trading Research 7/08/2019

After hours TVIX is moving up a little and up to 16.48 bid now with /ES at 2977.25. Like to see 2955/2960 as next target on the downside hit. From there we should follow the nightly report table. Below you will see there were no changes to the report. No new sells or buys. TMF and DWT ended positive and that is bearish somewhat with TVIX up 4.75% today as I type. LABD was a leader today and we scalped some shares after selling Friday for some profit then too. SOXS still has work to do and SQQQ we need to get positive on our buys and we may have a bigger short in the market to come. Keep an eye on SQQQ for that move lower to key more selling to 2955/2960 goal.

Miners we caught a little run today, sold half to lock in profit, and bought half back again on JNUG. Was a good timing buy end of day after COT data scared a few bulls. See if we get rewarded more tomorrow as I had many individual miners turn to buys. Silver though pulled back after going up over 2% for us in USLV. Bought the dip but no follow through in silver today. It needs to lead.