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Mark_Smeltzer

Look at the current deviation for JNUG from NUGT...

Long
Direxion Daily Gold Miners Index Bull 2XShares (AMEX:NUGT)  
Mark_Smeltzer Updated   
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Harmonic Patterns
7
0
harmonicpatterns
Sure, Junior Minors are mostly shutdown and hemorrhaging right now, but the recovery potential is also much greater.
Comment:
Due to the leveraged nature of these two funds, this delta wasn't the basis for any valid comparison of the relative recovery potential for JNUG. Since March 26th, both funds have had almost identical relative performance.

The identical performance was the standard trend in the past as well.
Comment:
Rather, NUGT and JNUG are almost identical relative performance from March 18th on.
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