Replies to post #38790 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Citrati]

What chart and indicators are you referring to?
None of the daily or weekly charts posted here in the last couple days show rsi or adx as grossly oversold. Lowering, yes, but not absolute bottom zones. For example, rsi 30 on daily has been a usual bounce spot and we are not there yet. Doesn't have to, but to go that low would be normal for the last year plus.
So, if you would be so kind, please show a chart and indicators so we can see what you are seeing and citing.
Thanks.