Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[TradeSmart.ai]

I continue to be bullish on $JDST and continue to be bearish $JNUG the current market sentiment just fuels confirmation for me. Job numbers were “baked in” as they say, so I can only assume the stimulus package is also “baked in”. That and the Fed continues to artificially keep this circus afloat. Either way. $GDXJ couldn’t break and stay above $35 and $SPY couldn’t hit $260 and even if it does the chart shows that is where the deadcat bounce tops out at before it should head back down. Given those sentiments and judging by how the GDJX follows the $DJIA and SPY for god knows what reason. I anticipate another selloff Mid-EOD followed by a bump in the morning tomorrow over Stim, then a massive selloff all day tomorrow when people realize the ruse of this whole conflagration, it will all crash and burn soon enough.