Replies to post #19892 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[ReservedRisk]

$JNUG This is because dollar was headed lower and gold higher immediate term.

Not sure the R/S news was released on the 8th of April ......... the market did not react negatively to the news on 9th ? Lets see ........

Next week gold euphoria gone and market rolls over causing dollar rally to begin.

Deep pain coming.

$JDST, $DUST, & $TECS Might be worth taking a look at buying and selling before the RS.. ;^)

My opinion.

[food4thought]

Other than the fund stealing 10% from both sides, the split has no bearing on future price and direction. Inverse is splitting too, certainly they both can’t go down as a result of the r/s, that would be illogical.

All tongue-in-cheek.