HDGE, Crank Me Up!

 

HDGE-June-22-2016

 

In the beginning of June HDGE mad another strong bottom, but it was a higher low than the end of the April bottom. We could get a nice impulse that can send this HDGE ETF north, but this could be a fake rally. Any fake rally will eventually completely retrace itself, so if this inverted “C” wave shows itself, then it would be time to dump HDGE one more time.  I have open gaps way up high, but also one smaller one, below present HDGE price levels.