Direxion Daily Gold Miners Bull 2X (NUGT)

[trunkmonk]

Sure let’s go back to that time in space when the conversations were Based on options and impacting price. U started with someone asking u if option expiration would impact nugt. Your answer as follows, has no shred of evidence u understand OPEX and skirt it with tech talk. Who is they? What does max pain have to do with futures pricing? I then gave an answer basically telling him and u that gold expirations are not this week. I stated a few days ago nothing will matter until expirations. That’s what matters right now and little else.

Post # of 41879
That's anybody's guess...typically, they try to hold it as close to max pain as possible. I 'think' last I saw was max pain at $20.00 for GDX. Although, I could see a scenario where they let it get closer to $20.25-20.50ish.

Notice that the current HOD as of this post is an exact tag of the upper red dotted line on my hourly chart. Needs to hold up here for 12 more minutes then bust through in the next period to new highs.