Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Well, it's gapping outside the bearish wedge on hourly and in between 50 SMA and 200 SMA on daily. So..."if" it can close the day outside of bearish wedge it will negate it and also if it can close above 50 SMA that's good too. LOTS of ifs though...and there's still a TON of resistance here...

**EDIT** Didn't even get to finish typing this and GDX already is back down inside the wedge ($22.41ish is top). Gotta bounce now...