Replies to post #1375 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[THREE-DAY-TRADER]

Welcome! Today is another example why I've been cautious on JNUG ever since October 8 (the day it hit 12's on last 'Fed minutes' meeting) because of the unusually bullish dynamic in place recently for the $USD.
And is a main reason I do not agree with people who think gold & miners have bottomed longer term yet. The fundamentals don't support yet the case for gold bullishness.

Since then quick flipping has been best. 'Buy the drops, sell the pops' quickly each time the market provides for you making a couple trades per week and cumulatively making $$$.