Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[Marketwise]

I have been trading other things recently including a little JDST Recent strength in the greenback has resulted in weakness for gold. I see gold and JNUG eventually turning around again but for the near term I will probably continue trading elsewhere. I agree, not much fun at the present if you're in JNUG or NUGT. If gold breaks that October 7th low that will likely spell more weakness near term but that remains to be seen yet. Gold closing below its 200-sma today by about 180 basis points is not a good or bullish sign though.