Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Welp, early on...looking like yet ANOTHER false breakout for miners GDX/NUGT. Every time this year they've tried to break out, immediately met with huge selling.

As of this moment, back below the breakout line drawn down through recent highs that it broke above last week. Also already formed a lower low candle after a doji which isn't good either. Need to see a massive turnaround as the day wears on...or at risk of significant further downside to upper 21's on GDX (which ironically, is exactly where everyone seems to want it before they "load the boat", per se).