Replies to post #4938 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[DD_dempsey]

Thanks MagicMarvin- With JNUG- playing the 6.40-$8 channel

It is my opinion that you are right- and we should see one more pullback before this skyrockets north. Hopefully today and tomorrow present great days to take profits...

I'm not entirely sure we will go as low as $5.15 though. I think there is a ton of money waiting around $5.70-5.75 and that might be the lowest we go here.

For now- I see us continuing this upward trend toward $8 and then as you are well aware- we have some. Reports and currency issues that can help guide the direction here