-GDX- We have a large up-gap and prices are extending higher. Today’s close is what matters.
-GDXJ- The lower gap level in juniors is $32.95. A close below that would recommend a top and subsequent sell signal. The bull flag targets approximately $35.60.
-NUGT- I got in at $21.18. Exit on a daily close below $20.42. Bull flag target suggests potential upside to around $26.50.
-UGAZ- I’m going to go ahead and enter UGAZ here. Stop just below last weeks $27.72 swing low. Finishing today above the 10-day EMA ($30.81) would be a positive development. Minimum target $40.00 – $45.00.
Next update will be this afternoon.