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south6201
Sep 22, 2017 10:46 PM

JNUG - Bottom Prediction 

Direxion Daily Junior Gold Miners Index Bull 2X SharesArca

Description

Looks like JNUG is going back down to Symmetrical Triangle point area.
Comments
south6201
First resistance appears to be 22 -23 on the Weekly using 30 EMA. Then we'll see how low the pullback is before trend is reversed and a new uptrend takes place.
bobbyontherocks
@south6201, gold is reversing down to 1100 zone not sure if after this resistance it will go up....whats your take on the gold jnug correlation
bobbyontherocks
whats your target on on going up ?
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