Direxion Daily Gold Miners Bull 2X (NUGT)

[dude iligence]

I don't normally play Direxeron ETF's after getting burnt on FAS or FAZ gap down and sell off a few years back. What is amazing is I bought at least 1000 shares of DUST way back in Sept of last year at the low and sold it just a few bucks higher remembering the burn from FAS/FAZ. Too bad I didn't hold that one. Here's some charts of some Gold miners, GDX, NUGT and $Gold. I bought NUGT after selling SRTY the other day above $22 I figured I could make a few bucks waiting for SRTY to drop back below $20 as the INDU rallies back to the 50ma. Instead I got caught in the infamous gap down. Im also in DGAZ with the NG report out in 14 mins 1030 est you can see it on CNBC. Waiting for a retest of $$3.30-$3.5 NG then I will sell DGAZ and flip back into UGAZ below $20. 12 mins to the report watch DGAZ/UGAZ on live charts when the report goes out and you will see wild swings in price.

All Gold Miner stocks and long Gold Miner ETF's Down Hard BELOW THE 60 Both Daily and Weekly (The best reversal indicator I've ever seen)
ETF
http://stockcharts.com/freecharts/gallery.html?s=gdx
ETF 3x
http://stockcharts.com/freecharts/gallery.html?s=nugt

Mining stocks
http://stockcharts.com/freecharts/gallery.html?s=abx
http://stockcharts.com/freecharts/gallery.html?s=gg
http://stockcharts.com/freecharts/gallery.html?s=kgc
http://stockcharts.com/freecharts/gallery.html?s=gold
http://stockcharts.com/freecharts/gallery.html?s=nem
http://stockcharts.com/freecharts/gallery.html?s=gfi


$GOLD weekly not quite down hard

http://stockcharts.com/freecharts/gallery.html?s=%24GOLD