Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Looking for GDX/GDXJ to reach 70 RSI before I load up here. Have not been in since I sold my JDST 15.5s for 23.5. Right now both are higher then when gold was $1300. Be patient and wait for traders to overextend on the buy side again. It is close. Island top or shooting starish type candle might have formed today though, especially GDXJ. Those holding DUST/JDST right here could be in better shape then they think. If GDX RSI was just a little higher I would have loaded big.

Meanwhile I have been loading UVXY this week.

Started a position in DWTI. Oil is overbought again.