JDST - idea, Columbus week ahead

I expect USD to increase over the next week or so and with that in mind gold prices will be lower. My idea would be to choose one day to buy JDST and sell at the end of the day. I don't like to hold 3X Leveraged ETFs for more than one day (overnight) because of re-balancing, Once my target price is reached I may sell and buy JNUG for the ride down. It is always better to wait for a clear confirmation signal before jumping in.

This is not a recommended trade, only an idea. These are highly volatile ETFs and I have had some good haircuts before... Lol...

Kommentar:

www.tradingview.com/...date-to-JDST-set-up/