Replies to post #33430 on Direxion Daily Gold Miners Bull 2X (NUGT)

[rotor1]

Good eye there-

Used to call it the 2.00 o'clock turn, to take hold needs the $ to remain docile and the metal to stay over 1280, also would help if the BTFD buyers refrain from chasing SPY higher. Always done better with individual stocks, so went with a couple or three of my favourites

[profitusmaximus]

Agreed. Also, smart money possibly pushing this down to get ahead of
French elections on 23rd and North Korea holiday on 25th.

Some are pointing to 25th as another opportunity for NK to attempt a missile launch or nuke test after recent failure. US Navy Strike Group should be in sea of Japan by then....fireworks possible.

http://www.news.com.au/finance/work/leaders/north-korea-may-choose-next-major-anniversary-for-show-of-force/news-story/b3bc147f03686e65db91cd9f9a5364e3

Good to see you back dude....it's been a while.