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RizeSenpai
Oct 25, 2023 12:36 PM

JDST Inverse Junior Gold Miners ETF: Inverted Head and Shoulders Long

Direxion Daily Junior Gold Miners Index Bear 2X SharesArca

Description

JDST, the 2x Inverse Return ETF for the Junior Gold Miners Index, has formed a Slanted Bullish Head and Shoulders pattern that is currently holding above the 21SMA. If it holds here, I can see it rising all the way up to $12-$17 as gold loses steam.
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