Replies to post #20198 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[mannken]

I'm reviewing at weekly charts as well

Weekly Gold has (2) white soldier candles and upper bollie is nearing parabolic mv straight up, my play is when new stimulus is approved this week 'if', spot gold will complete (3) white soldier candles move & be very extended, likely to cool off for a longer term cup & handle

I'm going to wait if this scenario plays out, if jnug makes over extended mv on upper bollie, possible false break above wedge, then long jdst on dip & run