Replies to post #43497 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

UPDATE...it IS gone...

Good ol' USA comin' in hot, per usual. NOTHING in real life matters to this trade anymore, nothing. It's simply an algo driven downward push...over-and-over again.



I will also add...barring an epic intraday turnaround to close up over 10 points (and above this line)...Gold will show a failed BO attempt on the weekly with techs pointing downward. That hints at a mega-slam next week IMO...

EDIT: added lower line, which would seemingly lineup with a slam/test of the 50 MA next week.