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Livin
Aug 2, 2016 3:51 AM

$NUGT short off resistance Short

Direxion Daily Gold Miners Index Bull 2XSharesArca

Description

Will be watching NUGT tomorrow, approaching previous resistance & whole dollar resistance, so I will watch for it to spike into that $170 area then fail for the short. I'll be keeping my stop loosely above the 170's to give the trade some room to workout, but has upside to watch out for if it breaks above that resistance.
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