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

[THREE-DAY-TRADER]

I had to exit it as it breached 4.60 area.
GDXJ flying above that prior resistance of 29.50+, which was a line in the sand for me. I gave it a chance above that a little bit, but had to let it go. I'm not gonna get caught in an avg downward spiral trap.

My strategy has been stated to buy in low 5's since late Wednesday and possibly add to it if it goes under 5 or to upper 4's, but to exit JDST if it continues lower and if GDXJ or $Gold breach specific technicals.

But I agree it may be close to a buy area already (at least for a quick day trade flip, etc.), but too risky for the moment to continue to hold if you are like me having bought prior to today.