Direxion Daily Junior Gold Miners Index Bull 2X SharesArca
Description
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Interesting setup here, at an inflection point for JNUG. My first thought is long out of this flag to test downtrend line again, with macd flipped I am not totally convinced. I may look to pick up some calls if this can break with strength. EMA crossovers are setting up bullishly on the monthly timeframe.
Comment
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nice pop here as expected. i went long calls on the break and I'm looking to take profits at downtrend line.