AMEX:DUST   DIREXION DAILY GOLD MINERS INDEX BEAR 3X SHARES
1203 18 20
If gold             can stay here till the USA market open we have a good chance that we open with a gap and DUST could rally again today. Yesterday we broke out of the bottom with good volume , I would like to see some nice follow through today. I'm still missing that big day when we print a more than 20% rally in DUST with a panic and strong selloff in the miners.
Maybe today....

In a few weeks I would like to see a pullback up to the FIBO 23.6%

Holding the long position
Arpi, your analysis of the charts is second to none, been great watching you pick the movements of XAUUSD keep up the great work.
XAUUSD has moved down to tag $1212 but DUST and JDST keep stalling around $1.60+/- and $2.00+/- respectively and GDX hasn't declined as much as I thought either.
Any insights as to why DUST and JDST haven't started to take off?
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please make a chart for NUGT. Thanks
+2 Reply
Is it too late to add to long DUST position?
+1 Reply
Gold might have a bounce out of the DCL. I would wait that...
THen enter.
+1 Reply
DaPappaBear chartwatchers
Thanks!
+1 Reply
Benztownguy chartwatchers
would you close your DUST positions when Gold bounces up or would you still hold them through the up and down?
+1 Reply
hyjbh chartwatchers
I am new to this and just wonder what DCL stands for. Would you please tell me the full name? thank you sir
+1 Reply
Daily Cycle Low. Read his previous posts and you will learn a lot :)
+1 Reply
hyjbh SharkbaitAl
Thank you sir...
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regsask1 chartwatchers
Is it safe to enter DUST again? IF NOT what range is best? Thanks. Keep up the good work APRI!
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