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NUGT at a Crucial Point on the charts

Long
Direxion Daily Gold Miners Index Bull 2XShares (AMEX:NUGT)  
fingmarkettrader  
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Trend Analysis Chart Patterns NUGT GLD goldminers
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trendanalysis chartpattern nugt gld goldminers
NUGT is completing the handle of the cup in orange. Also we have a head and shoulders that favors the bears. Still a good chance that the hanlde of the bigger cup which happens to be a inverted head and shoulders plays out to the upside. I have been bullish on NUGT and will remain until we break down.
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