Replies to post #41093 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

I'd be cautious about building a position here IMO. I said the daily was setup for great crosses IF the price didn't get slammed. Well, of course, these asswipes do exactly that as they know that too. With this latest print, GDX now has an outside bearish engulfing candle right at where there should be a bullish breakout. If this closes at 19.02 or lower, they win, again...