Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Highest volume day of the year. B/O of inverse head & shoulders. Close back above 38.2 fib. Techs with still plenty of room to run. I'm guessing we see a small gap down tomorrow to start the day, but a quick run back up to new highs.



And the weekly...my goodness it's looking good. Needs to close up here tomorrow, then has a shot at a bullish MACD cross next week.



LASTLY, how many times have I said over the last few weeks that NOBODY is/was considering that July-September was nothing more than a false BD attempt. Check out this monthly chart now. LOOONNNGGGG way to go, but it sure does look like that may be the case. Currently back above support on the green line!

PS- and 'if' it closes the monthly near highs...will create a morning star pattern.