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

[THREE-DAY-TRADER]

I think market is showing increasing signs of support (JDST) from what i see today.
And I for one, never said it would be an easy hold before upside trend would be revealed eventually.
This is what it does at this stage, same thing with $Gold or GDXJ when they're at top areas short term.
So it is too early too presume anything with certainty yet.
But in extreme situations like we've seen for JDST Vs JNUG in the past, this is what type of behavior is exhibited. Hectic volatility is normal at this stage.

Seems no matter what JDST does, the sheep herd still is afraid of it. Seems like a good contrarian indicator to me; At least it has been in the past.