Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[StockItOut]

See, I don't think necessarily "incorrect," as from 03/21 there was a confirmed valid wedge triangle trend. Yes, 16th was a high, and I get this upper wedge trendline as well.
As for the bulls being back, seems to me we're sitting either way at close Friday, with bias favoring bears per the controlling gdxj chart and its recent failure on 30 minute chart of the breakout from the March 21st wedge, to right back within this wedge triangle pattern.