The QQQ:$Gold Ratio chart is about to cross down.

Tonight, I pulled up the QQQ:$Gold chart on Stockcharts. The 220EMA is almost at the same value as the 440EMA. The 220 is at 0.133 and the 440 is at 0.131. Tomorrow we may well see the QQQ:$Gold ratio cross DOWN!

The Dow:$Gold ratio crossed down back in October. The $SPX:$Gold ratio crossed down back in February.

Since we are in QQQ instead of those, we stayed correctly invested in Nasdaq 100 ETFS, primarily TQQQ. But we may have to shortly move into gold. Use GLD for 1X and UGL for 2X.

The 3X no longer is listed and although you can buy it, do not. If something bad happens, the market makers will probably walk away from it and you won’t be able to get out.