Replies to post #1630 on Direxion Daily Junior Gold Miners Index Bear 3X Sh (JDST)

[perfectpicksfor -you]

Its trying to stay above that $ 8.00 mark , My bid is in at $ 7.50 looks like it will not make it there today O well.

[THREE-DAY-TRADER]

I am starting to contemplate the idea that the $Gold reaction today (from Swiss bank news) may be setting up opportunity for JDST to bottom soon (or to have already bottomed). $Gold in $USD terms just may be short term overextended due to news today.
I'm still evaluating, but that's what may be setting up on JDST.

Although I'm still cautious and applying an intra-day trade strategy yet (which as been correct in recent weeks to do), I'm watching JDST for further out daily chart swing trade value if the 'Swiss' news' has in fact overextended $Gold.