Direxion Daily Junior Gold Miners Index Bull 2X SharesArca
Description
⋅
Anticipate a healthy pull back into the $15.32/$15.08 before resuming the up trend. Overall there is a wedge squeeze under way that will likely resolve by July 20th. Until then it will remain range bound between $14/$18 until ultimate break down or break out. With annual cycles, I'd anticipate a break out in July.