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Yesterday, via an intraday alert we entered a long position in the Direxion Daily Gold Miners Fund (DUST) as it rallied above the two day high ($38.50) on the highest volume it has seen in 13 sessions. On January 17th, DUST formed a long reversal candle, as it undercut the 50-day MA and then rallied to close near session highs just below resistance of the 20-day EMA and the 200-day MA. Then on January 18th, DUST formed an inside candle as it trade near the January 17th highs in a tight range. Trade details are available to our members in the open positions segment of the newsletter.

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