NUGT ( Update )

Well as we can see the  games continue in the mining sector, what I'm seeing here is  NO RATE HIKES manipulation taking place. The players pound it back from where the rally broke out  taking out  the stops along the way as well as the speculators who finally throw in the towel and the bankers gobble up those shares on the cheap building a nice solid core position on your loses.

Then comes the  FOMC next week and it will be  a no rate hike call! and miners will pop back to where they broke out or where the ( sell off began ) for a zero sum gain. As one who is very familiar with these games I add to my position on the dip. Again never hold a stop especially in 3x ETF plays.

Stay true to your convictions.

Side note to consider... Massive Volume today in NUGT.