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zjgolf444

TREND SIGNAL = LONG, MAY 10 @ $30.95 ($GDXJ $JNUG $GLD $NUGT)

Panjang
VanEck Junior Gold Miners ETF (AMEX:GDXJ)  
zjgolf444  
AMEX:GDXJ   VanEck Junior Gold Miners ETF
GDXJ JNUG NUGT GLD
7
1
gdxj jnug nugt gld
May 15: Miners continue their run up from the early May lows. Today opened at the 50 MA and turned down hard. But the bulls stepped back in to end the day nicely above the 5 MA. From here it needs it needs break through the 50 MA to head towards a couple gap fills above. On the downside it would be rather bearish to see this break todays low. One could possibly try an entry here with today's low as a stop loss point.
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