Browse Symbol Stacks: AGQ: AGQ daily.png

AGQ daily.png


Personally I think, based on various factors, there is likely to be a sizable bounce in gold and silver. I am looking to invest in silver via AGQ. I am hoping for a position to hold for a while so I don’t want a 3x ETF to avoid some of the time decay factor with the more leveraged ETFs. The labeling is from my EWT count which I know many could care less about so ignore it if you wish. I think we are likely at the bottom of an a-b-c correction and at the bottom of a channel. There is a bullish divergence in the RSI and MACD. Volume is picking up. You may want to put it on your watch list. Have a great week and enjoy INDEPENDENCE DAY. May we be truly independent for years to come. Tom B 6/30/13