Bullish MACD divergence + Double Bottom means Money

May 29, 2019

GLD double bottom and upside MACD divergence in place, picked up some May 31 expiration $121 calls at 0.42. MACD says price should be around $121.5. May 23  GLD its up strongly with the market down hard,exited for a solid 120% gain, further out of the money options may have yielded even greater returns.


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