Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[Qone0]

GDXJ lost much of its juice following the rebalancing, It's patterns have changed also. It has a hard time setting up stairs now. when it does they are very short. It's taken to more trending now.

I'll have to look at what it rebalanced into, because its much less volatile than it was.

The weekly pattern in GLD that I was following has failed. So that means GLD might have entered into a new bull market as the dollar keeps getting crushed after the tax bill. There is no market fear so gold will continue trading as a currency. IMO