Replies to post #5627 on Direxion Daily Junior Gold Miners Index Bear 3X Sh (JDST)

[fitzwell11]

I agree with you. If the repos bottom out, gold will spike. I’m in TVIX as well so this plays kind of hedges me to an extent. I’m definitely more confident in upcoming volatility than a major pullback in gold

[fitzwell11]

Ended up adding some $14.20s yesterday. Looking at $Gold monthly chart, the entire candle is formed outside the upper BB. I suspect this will lead to a larger October pullback barring any major economic changes

$JDST