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

[CowBoE]

Look out! Long solid green or red candle sticks in daily charts.

What that means is, once JNUG/JDST sets direction at opening,
it tends to close in that direction, which leaves solid
green or red candles.

Of course we may see brief intraday up and down volatility,
but I believe JNUG will likely trend lower towards closing.

So far $3-ish level support is holding up,
but if that breaks, we could see a quick slide to $2.70,
and in the severe case, it could reach $2.40.

That said, I'm still waiting for my buy orders with stop limits...
mainly due to the fact that gold seems to find ways to
pop back to $1200 level for some reason in subsequent days.