NUGT Target 20 – 121411

NUGT is close to a bounce point here, as the 20 area is the projected target I had off of the head and shoulders formation. Take 39 to 29 from the right slope of the head and you have 10 points. So take 10 points from around 30 where the ETF started breaking down under the trendline. This is day 9 from the major pivot and day 5 from the key minor pivot that signaled this potential move.

DUST weekly nears trendline resistance.