Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Yep. Begrudgingly sold my DUST position for a $10K gain (I say begrudgingly as I still think direction is down, for now, but a gain is a gain). However, got a small position of NUGT at 14.05 as it is ridiculously O/S on 5 minute as you show and a ST bounce is inevitable.

Once again though, GDX/NUGT disappoint with a close right below major resistance and then follow up with a LL and a LH on the daily. Also back below 100 MA. SMH.

PS- gap from yesterday is now filled EXCEPT on micro TFs...which is down at GDX 19.32. Will add more NUGT if it goes down there to fill that gap before expected bounce.