Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Thanks and I'm happy to hear you are doing good as well. FWIW IMO that daily candle that gold has today is not a good look at all. If gold stays around here to close out the day then that looks like a classic topping candle.

As far as nat gas. It wants to go down. Someone comes in and starts to buy though everytime it starts to really breakdown. I'm not sure what they are thinking though. Nat gas RSI has been around 75 for 3 weeks. IMO whoever keeps buying to hold back the nat gas selloff is nuts. Doesn't matter to me. Nat gas will selloff and I know it. Nothing and I mean nothing maintains a RSI that high. Not even mining stocks were maintaining a RSI that high for that long when they were sky rocketing. Even oil could not maintain a RSI that high for that long. Nat gas fundamentals are not very good either (supply/demand).