Direxion Daily Gold Miners Bull 2X (NUGT)

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FOMC Cheat Sheet

Conceding markets are forward-looking, but going beyond the irrational 'gold appreciates hikes' conclusion ...

12/15/16
Gold Closed: $1077 [green], briefly surpassed that mark the following session, to no avail.
Swing Low: $1050 or (2.5%)
Sessions until surpassing closing price upon announcement: 13

GDX Closed: $13.63, 20 sessions until low is put in
Swing Low: $12.4 or (9%)
Sessions until surpassing closing price upon announcement: 28

12/14/16
Gold Closed: $1160 [green]
Swing Low: $1123.7 or (3.1%)
Sessions until surpassing closing price upon announcement: 15

GDX Closed: $19.89, gapped lower the following session
Swing Low: $18.58 or (6.5%)
Sessions until surpassing closing price upon announcement: 9

100% chance of volatility - good luck all