NUGT is just shy of the smaller WW trend line. Note that the MACD(12,26,9) lies within my “No Trade Zone”.  This normally (well almost always) means that there is more upside to come.  Look for trigger line crosses on the key indicators to sell. Note that for sells I don’t wait on the SlowSTO… I run fast on sells!!! This chart actually falls in line with an expected wave iv on GDX (abc type move)…. Let’s see how things develop tomorrow… I’m still worried about the strength of the Weekly GDX Chart!!!

0617_NUGT_EOD