AMEX:JNUG   DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES
605 1 6
JNUG             channels that I see (disclaimer: they could be all wrong LOL). But I do think they'll help to provide a guide. For example, if we can't stay inside of the larger sky blue channel in March, I think it's obvious that JNUG             will go lower, like $5's or even $4's.
As far as the Ichimoku Cloud , we fell out of the cloud in Feb. But use the cloud to get a feel for how strong the price movement is. If we break back in soon (I think we REALLY need to), look for strong green candles inside of it to carry us up through the cloud for a breakout above it.
I like that chart. Nice IHS.
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