Position Updates & Gauges For Trading on 7/26/2016

Mish Schneider | July 25, 2016

***NOTE: GDX: We said goodbye to an old friend-out of tail on the 27.74 trailing stop-entry was 16.44 Gain on tail: 69%!! ***NOTE: Raise stop to trailing stop ILF: 25.27 ++++++++++++++++++++++++++++++++++++++ Existing Position: UNG: Long 7.91 ATR: .24 Name of Instrument: United States Natural Gas Fd Current Price: 8.08 Reason for Trade: Momentum exceeds price. The indicators we use (real motion) that pick up momentum shows that UNG’s momentum is rapidly improving relative to the

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