Replies to post #4490 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Marketwise]

I would like to think the former - and for more than just a few days - but we shall see.

[JefftDecker]

JNUG for now, stuck in a channel here, a break above the

descending upper trend line would bode well for JNUG and propel it upwards
once it chews up that supply a move above the Pivot point would confirm. Also, if Gold should make a monstrous move, this also bodes well for miners.

hope that helps

oscillators are curling up so a move up to the sloping trend line in process





http://stockcharts.com/h-sc/ui?s=JNUG&p=D&yr=0&mn=3&dy=0&id=p45951467121&a=479463021