Position Updates & Gauges For Trading on 7/21/2016

Mish Schneider | July 20, 2016

***Note: GDX and DBA came extremely close to our exit stop. Depending on the open, watch for possible new instructions in both. Same for GLD and SLV. +++++++++++++++++++++++++++++++++++++ Existing Position: TAN: Long at 21.68 ATR: .50 Name of Instrument: Guggenheim Solar Energy Current Price: 21.85 Reason For Trade: In a recovery phase with the 10 crossing over the 50 DMA. Good risk/reward, 2 ATRs to make % first target which is under the 200 DMA

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