Swing_Trader

descending triangle forming nugt

Short
Swing_Trader Updated   
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
2
Looks like nugget is forming a descending Triangle pattern if the price breaks below the $85 level it will send it down towards the $60 range I will be keeping an eye on gold to see how this plays out.
Comment:
we are now headed for lower target zone
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