Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Trade wasn't forced in the least...I went in at a GDX gap fill and even said I wasn't fully convinced due to the open gap on 4 hour GC.

Nevertheless, just sold in the final minute at 24.29 to make a few hundred bucks on the trade. Even though I really like how the hourly ended, with NFP tomorrow morning I don't want to "guess" at a spot. I'm sure tommorrow is the gap-up now though. LOL

Look at how the price is hugging that black line all week. The move away from it is going to be swift.



Heck, even the daily candle setup isn't bad. I won't be surprised at all to see a tear up to that red line here too (which means a break of the 50 MA). Just hope it's not via a gap-up and is a flat open then run.