Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[ReservedRisk]

Dollar($DXY) still falling, $GOLD still moving up, Market($DJX,$NDX, & $SPY) still bouncing, Volatilty($VIX & $UVXY) falling, and $GDXJ will break 35, $JNUG will break 7, and $JDST will collapse..





Shorting here would be a GAMBLE, nothing more.

Won't deny that miners might pullback a bit, but resistance will be broken in the mining sector when gold tests/brakes 1700.(There are trillions of reasons..)

When the fed says they will spend whatever it takes believe them.
https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html

Plus the over 2 trillion relief bill to bail out people that don't have any savings and tons of debt as well as the over leveraged zombie companies that wouldn't exist w/o the 'fed' in the first place.
https://justthenews.com/government/congress/wheres-bill-full-text-stimulus-hasnt-been-released-vote-expected-today


Learn to trade FA, but know the TA.




glta