Replies to post #10898 on Direxion Daily Gold Miners Bull 2X (NUGT)

[mannken]

In terms of Nugt

22.50 low yesterday is pivot, if it can hold, with gold bouncing off a 1198 tic this morning, the bottom formation 'could' still be intact.

Always over extended reactions, then the market starts to further digest data as the day goes on.

Nugt bounced off 22.48 pre-market and is back near 23