Category Archives: DUST

Monday’s Damage Assessment

October 13, 2025 By in $SPSIBI, Bert Dohmen, BIS, DRIP, DRV, DUST, DXD, FAZ, IBB, JDST, LABD, LABD-25-13, Positions, QID, SDS, SOXS, SPBIO, TZA, XBI

Where’s The Crash?

The YouTube weekend ‘consensus’ was for a Monday morning massacre.

So, where is it?

Bert Dohmen, said it best in this interview, (paraphrasing), ‘If everybody agrees with our analysis, then we have to get a new analysis’.

Monday’s First 15-Minutes

After the first 15-minutes of trade, an assessment was made on the ‘Leveraged Inverse Funds’.

The point being, since this site’s maintaining a short position in biotech (via LABD), how did it fare when compared to the other funds?

After the first 15-minutes of trade, the table at left shows all inverse funds being tracked, in the red, some painfully so (like SOXS, JDST, DUST).

All red, except for the two biotech’s, LABD and BIS.

Those two funds are short vehicles for biotech XBI and IBB, respectively.

The XBI index has not (yet) made a new daily low.

Conversely, the inverse fund LABD, has not made a new daily high.

With that said, the stop on LABD-25-13, remains at last Friday’s low of 33.17 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold … Correction Coming

September 19, 2025 By in Gold & Silver, Gold Miners, GDX, GDXJ, JDST, GLD, DUST, Positions, JDST-25-14 3 Comments

Measured Move

We’re there now.

The chart below, shows a (potential terminating) wedge with measured move.

Tracking fund GLD, has met the wedge target.

As always with the markets, anything can happen.

Gold GLD, Weekly

If gold (GLD) does correct, even just a little, it’s likely to hit the miners, GDX, GDXJ as well (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold Miners … In The ‘Pattern’

August 11, 2025 By in DUST, GDX, GDXJ, Gold & Silver, Gold Miners, GXZ25, Inflation, JDST, Spring-to-Up-Thrust, Wyckoff

Was That, The Top?

Inflation reports are released tomorrow, link here.

That release may be an inflection point for the miners.

This past Friday, GCZ25, posted an all-time high, then reversal; in the early session today, it’s continuing lower.

From a Wyckoff standpoint, what’s in the inflation reports is immaterial. The real question is, ‘what’s the market saying about itself?’

Junior Miners, GDXJ, Daily

Repeating pattern, Spring-to-Up-Thrust.

Pre-market action (8:34 a.m., EST) shows a lower open.

If we open lower, the short entry objective, is to wait for action to move higher in an attempt to close the (potential) gap (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX, (false) Breakout?

July 3, 2025 By in Artificial Intelligence, David Weis, DUST, DUST-25-05, GDX, Gold & Silver, Gold Miners, NVDA, Positions, Semiconductors, SOXX, SOXX-25-01, Spring-to-Up-Thrust, Up-Thrust 2 Comments

Edge-of-the-Lake

At the end of the session, yesterday, a short was opened in the SOXX, as trade, SOXX-25-01 (not advice, not a recommendation).

We’ll see below, price action finally penetrated long-standing resistance around 240 – 243, and then (so far), has stopped dead.

In the overnight session, SOXX churned higher to post 243.63, and is hovering around that level, in the pre-market.

There’s no doubt we’re at ‘the edge of the lake’, as David Weis, used to say.

Semiconductor SOXX, Daily Close

It’s important to note, big cap Nvidia, is in Spring-to-Up-Thrust condition (chart not shown), with it posting new all-time-highs.

If NVDA confirms an up-thrust and heads lower, it’s likely to take the rest of the (SOXX) market down as well.

Market Positions

Positioned short the SOXX, with a stop yet to be determined; somewhere around the overnight high of 243.63 (not advice, not a recommendation).

Separately, stop on GDX short, DUST-25-05 is being moved up to the vicinity of yesterday’s low, 23.98 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners & CrowdStrike

July 2, 2025 By in CRWD, DUST, DUST-25-05, GDX, GLD, Gold & Silver, Gold Miners, Positions

A Tale of Two ‘Set-Ups’

When looking at the price action of Senior Miners, GDX, you get the sense, ‘it had to be this way’.

That is, the only way to get up enough energy to close the gap shown below, was to have two successive (lower) ‘spring’ attempts.

Senior Miners, GDX, Daily

Yesterday’s action closed the gap.

What comes next is unknown, but we do have a ‘line in the sand’; that is, if miners (and gold) are to continue on a potential ‘hyperinflation breakout’, then, GDX must post a new daily high above yesterday’s 53.04, at some point.

Either way, Hard Stop of DUST-25-05, at 23.69 (not advice, not a recommendation).

Now, on to CrowdStrike.

CrowdStrike, CRWD, Daily

Yesterday’s action was ‘outside-down’.

We’re right at resistance, that will become support if CRWD, is able to rally from here.

If not, and CRWD posts (consistently) below resistance, then we’re at the top edge of a rising wedge pattern that’s been forming since July, of last year.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Mid-Session Update

July 1, 2025 By in David Weis, DUST, DUST-25-05, Positions, Spring-to-Up-Thrust, TSCO-25-01, TZA-25-03, WMT-25-03, Wyckoff

Position Summary

Watching it all, in real time. 🙂

All positions stopped out.

However, that’s not the end of the story.

Miners, GDX, have just posted a Spring-to-Up-Thrust.

Short this sector via DUST as DUST-25-05, with stop at the session low (not advice, not a recommendation).

Charts to follow.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Newmont’s Breakout Fails

June 25, 2025 By in DUST, DUST-25-04, GDX, GLD, GOLD, Gold Miners, NEM, Positions, Up-Thrust

Long Awaited

Yesterday, Newmont was hanging on, trying to post higher after its failed breakout.

Today, could be the day where it continues down (not advice, not a recommendation).

With about thirty minutes before the open, NEM is trading slightly lower.

Newmont Mining, NEM, Daily

There’s a lot going on in this chart.

Note how the ‘wide high-volume bar’, has been tested. It took eight months to do it, but it happened.

Gold (GLD) is still near all-time highs, yet Newmont, is far below its all-time high; about -33%, (from April 2022).

Currently short this sector via DUST, as DUST-25-04, with stop at or near yesterday’s DUST low of 24.69 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver … Breakout or Not?

June 7, 2025 By in DUST, DUST-25-02, GDX, GLD, Gold & Silver, Gold Miners, Positions, SLV 1 Comment

We’re at The Target

So, which is it?

Door No. 1

Silver’s in the long (decades long) awaited breakout to hyperinflationary heaven, or …

Door No. 2

Silver has met its Fibonacci target, ready for reversal, sideways action, or …

Door No. 3

None of the above.

Then, what about the Miners?

It looks like they (GDX) have already decided.

No sooner had Friday’s update been released, they appear to have reversed (not advice, not a recommendation).

Obviously, there’s a lot going on in the markets and it’s happening fast. We’ve already been told what’s (likely to be) coming.

Back to silver, SLV.

Silver SLV, Weekly

The chart shows what looks to be a corrective a-b-c (against the trend) move that’s lasted several years.

Note the ‘alternation’ of the moves.

Wave ‘a’ was dynamic, straight up. Next wave higher, wave ‘c’, is choppy and overlapping.

Moving in closer, we have the following.

The chart itself, says we’re back to the volume ‘spikes’ that typically occur (for SLV) at, or near, the end of a move (not advice, not a recommendation).

To add intrigue, note the massive downward thrust of Force Index during the ‘Tariff’ uproar.

Is this another hint of (pending) reversal?

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners Gap Higher (pre-market)

June 2, 2025 By in BA, BA-25-04, DUST, GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-12, Positions, Spring-to-Up-Thrust 1 Comment

Is Today, The Day?

Gold miners, higher in the pre-market (as of 8:31 a.m., EST).

Looking at Senior Miners GDX, we’re at the edge of the lake.

This is where a trend continues (higher in this case) or it’s exhausted and will post sideways or reverse.

Senior Miners GDX, Daily

Important note: Today is Fibonacci Day 13, from the ‘spring’ lows to ‘up-thrust’ high(s)

Since this site’s already short (JDST-25-12), we’ll be watching the morning action closely 🙂

Other Markets

The expectation for Boeing, BA, was to begin its reversal after the ‘test’ last Friday.

In the pre-market, that’s not happening. It has not posted a new daily high (above last Thursday’s high), but it’s not going lower either.

BA-25-04, exited with -0.67% loss (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sunday Night Futures

April 27, 2025 By in DUST, GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-10, Positions, Trump, ZeroHedge 1 Comment

Gold & Silver, Update

We’re just about two and a half hours into the Sunday, overnight session.

Once again, it’s not necessarily about ‘what’s happening’, but ‘what’s not happening’.

Both Gold and Siver June contracts, GDM 25 and SIM25 respectively, are trading lower but have not made a new daily low … yet.

As of this post, silver is closer to a new daily low than gold.

The 24-Hour Market

As a reminder, some equities and ETFs are now essentially trading 24-hours a day (five days a week).

Leveraged Inverse Fund (for GDX), DUST is one of them.

The close on Friday for DUST, was 29.91. It’s now at 29.94, indicating some slight upward pressure (down on GDX).

It may be the immediate (upward) pressure on gold has been mitigated by this report (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279