Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Only risk right here is that GDX could very well go to $27. It really isn't that far from it now really. At $27 though it will get a hard beatdown. GDX at $27 would take DUST to about a buck. GDX charts shows there will be massive resistance at around $27. It isn't going to break it considering it has gone straight up for 4 months now. It will need a very hard correction first before it can break $27. I have some DUST/JDST today but if I see GDX $27 hit then I am loading up huge in DUST/JDST.