Replies to post #35591 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Yes...the "mistake" trade in AH's yesterday is causing chaos there. I'm getting smoked in my positions...BUT, there is positive divergence on lower lows EVERYWHERE on SLV/USLV...so, not selling.

As for GDX/NUGT, they just started to slam gold in a similar manner to silver about 10-15 minutes ago. The action is troubling for sure.

OHHH...and I was right in my last post. The bull flag didn't mean a damn thing as both have broken below and are being slammed another 1% as I indicated. SMH.