NEAR TERM HEAD SHOULDERS ON JUNIOR GOLD MINERS

Looking for initial target of $46.66 on GDXJ JNUG JDST

Trade active

Trade active:

MORE EXTREME SCENARIO POSSIBLE.

INITIAL TARGET 46.66
AGRESSIVE TARGET 45.15

Trade active:

Short Sale Initial Target Reached. Trimmed small amount our position and are pushing the more aggressive target into tomorrow's trading.

We didn't see the high volume bullish bounce on Gold that we were expecting at today's lows. Our short positions remain open for the near term. Now expecting at least a 1% drop further towards $170

Trade closed: target reached:

New target and new chart..

Trade closed: target reached