descending triangle and hanging man looks bearish

Direxion Daily Gold Miners Index Bull 2XShares (AMEX:NUGT)

AMEX:NUGT Direxion Daily Gold Miners Index Bull 2XShares

Trend Analysis Chart Patterns

trendanalysis chartpattern

Selling pressure is strong here. Could mean a correction for the index and possibly also for gold prices which it is correlated with strongly. Gold has made short terem fresh highs above 1280 which could mean a small correction while other large index like NASDAQ and SP500 stage a recovery.

Idées en relation

about DJI

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.