Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[SgtJBone]

If you ask me too many Bots have attached to the GDXJ/GDX. Bots don't give a damn what the price of gold is, they just go bull or bear whenever they want to. They will drag it down to the next support area as soon as they get a chance. My guess is that they wont stop until they get the tech signal that they are programed for on the RSI. They'll probably try and push the GDXJ down to the $30's to get under 30 on the RSI on the daily chart. There was no reason for that move down just now. Gold didn't just take a nose dive, it's still green for today as of right now.