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

[ReservedRisk]

They were baked in before the market bounced. Market has now had a bounce to the 50% fib retracement.(Bigger then I had thought) Panic will resume soon as the market starts to factor in ugly future again.(Dollar, $JDST, and volatility indexes rally)

No central banking can change human psychology. They can try to 'guide it', but the free market always wins in the end.

This is when you load up on metals and miners.

This will rally into the RS on the 22nd. Sell this into this rally before the RS. That is unless the situation involves GDXJ breaking 20$. Could happen, but not leaning to that big of a minor breakdown unless this virus starts shutting down more mines and gold breaks hard towards the 200 week ma..

Panic in ALL asset classes is without a doubt coming back soon. Fed will/can try its hardest to squeeze the smart traders into covering their shorts, like it currently is, but it won't work long term imo.


GOOD TIMES AHEAD. ;^)