Direxion Daily Gold Miners Be (DUST)

[str8_chuter]

GDX made a last gasp effort to reclaim 18.15 this morning and got slammed!

As stated earlier here, no support for GDX until the 16's although it might get a bounce at the lower BB, currently at 17.42.

DUST has broken out, next resistance levels at 50, 62-63 and then 72-73 although Direxion may opt to do a split. They'll almost certainly have to announce a reverse split on NUGT before year-end.

Speaking of splits, at some point down the road won't be surprised if Van Eck announces a reverse split on GDX itself.