DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES

Before I get into it, I just wanted to say, isn't is funny how this dumped? Remember how I was saying that big green volume spikes have usually meant that Jnug was at or very near a top. Its not 100% that way but its like 95% of the time. Good thing to remember. So I have been really trying to find the cycles for Jnug. And I am bummed to say that I did not ...

Cup and handle Price Target of $21.38

I suspect this will be a very good spot to buy JNUG. Moving averages are supporting JNUG here. Looks as if the ICL in Gold and Miners is confirmed. Dollar relentlessly pushes lower.

Target $20

I was on vacation out of the country for the last week so I have not been able to update anything. But there really was not much to update. So to cut to the chase, it is my feeling that we are not finished dropping yet for gold. I am expecting gold to drop into oversold on the RSI 14 and also drop below the march low before having a legitimate bounce. So lets ...

Today dovish grandma provided gold bulls with an extra boost while drop-kicking USD bulls in the face. Gold miners will continue their up trend after consolidating below resistance. The measured move is in my previous JNUG post. Good luck all.

Gold's explosive break today was a nice continuation of break-out from 3 days ago. Without getting too deep into the fundamentals, Draghi basically punted the EURO toward the moon and the US stock market's inflationary pressure is rocking the DXY into new lows. The combination of gold strength and inflation makes junior minors a fun instrument. Careful if the ...

Same stop of 16.98 oco today only.

Limited risk stop at 16.98 on today's close only,

There is decent support here based on multiple charts: $GDX $GDXJ $USDJPY $XAGUSD

Gold was forming a ascending triangle & hit its target & now seems getting ready for a decline. However the Junior Miners have been almost opposite to that & now seems getting ready for an upward move. Moneyflow is very strong. WE think it has good upside potential from here. * Trade Criteria * Date First Found- June , 2017 Pattern/Why- Fallen angel type of ...

Target $23-24

This is a tough spot for me to possibly predict any directional movement. While I do think that Jnug will drop at the beginning of the week and probably touch the $16.80 level with the help from gold dropping, the Fed decision is weighing on me. Just about everywhere I read it says that the Fed will raise rates on Wednesday. If they do raise rates then I think ...

We got two times the same price and the it goes down.

www.tfmetalsreport.com/blog/8292/junior-mining-sector-about-implode If you invest and/or trade Gold miners ( JNUG, JDST, NUGT, UGLD, DUST etc...), please read noted article, from TF Metals Report. Here is some items from article: By Pining 4 the Fjords | Friday, April 21, 2017 at 2:43 pm Understand this is just one trading and investing Parrot’s opinion, but I ...

Yes a big move is coming soon and I think that that big move is down. Last Fridays poor price action for Jnug is the writing on the wall. With such a strong break up for gold, Jnug should have behaved better than that if there was strength. So while I think gold will continue up towards the top of its wedge, I think Jnug may not perform that well. I wont guess ...

JNUG has successfully backtested the previous TL and is forming the handle of cup and handle pattern. I expect continuation around $2 (pre-split). That translates to $8 now. TP is $30 (previous TP was $27 so I still may take some there) Invalidate if previous TL is breached.

JNUG is the Direxion Daily Junior Gold Miners Index Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the MVIS Global Junior Gold Miners Index. My guess is Monday will be bullish, but PA could initially go down to 17.50 at start of trading, then like last week or ...