Direxion Daily Gold Miners Bull 2X (NUGT)

[Surfint]

...and potentially longer runs and bigger returns.

For example, Crook added the granularity on this leg down and set a target and Edelson modified his forecast to allow for two dips and both are consistent (have to follow both streams).

Both projected this leg down.

Based on Crooks analysis and near term targets for gold, miners should hold their lows.

But if gold drops further (an option described by Edelson for now or January), they could go lower.

But either way, the current dropping was anticipated assuming that miners still follow general direction of gold and by looking at historical price action.

Crook anticipated the bounce two days ago.