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Mistress_Mayhem

Pull back expected

Direxion Daily Junior Gold Miners Index Bull 2X Shares (AMEX:JNUG)  
Mistress_Mayhem  
AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
Trend Analysis Technical Indicators
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trendanalysis indicator
Anticipate a healthy pull back into the $15.32/$15.08 before resuming the up trend. Overall there is a wedge squeeze under way that will likely resolve by July 20th. Until then it will remain range bound between $14/$18 until ultimate break down or break out. With annual cycles, I'd anticipate a break out in July.
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