Direxion Daily Gold Miners Index Bull 2XSharesArca
Huraian
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ABCD patterns repeating, if we confirm escape velocity from the trend line to the upside, another ABCD completion looking good, then green arrow down, and repeat yet again? Top long term trend resistance at D, but red or blue? we will see. IMO.
Komen
claydoctor
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Sorry, "green arrow" dropped when posting, pointing down from either "D", off resistance. Talking heads think GDX goes on a run here also. (NUGT is the 3X of GDX). I don't recommend this, but for some really, really high risk reward, try playing options in NUGT, but stay close by, and hold onto your hat. You can loose it all in a day or hit a 10X score in a couple days. The label "do not try this at home" rings loud, so disclaimer stated, extreme caution urged, use only what you can loose.
jangseohee
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ahaha i like the "don try this at home"
jangseohee
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how is nugget helps GDX?
claydoctor
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Just is 3x gdx
jangseohee
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Claydoctor, seems like you are Gartley expert too :-)
i read the word as Nugget :-)