Category Archives: JDST

Miners, Reversal Set-Up

December 24, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-15-17, JDST-25-18

The ‘Secret’ Lies, With The Action

At the top, the miners are hanging on; just barely.

While not discussed on this site, yesterday was a day trade in the Junior Miners (GDXJ) inverse fund JDST.

The thinking (yesterday) was, ‘today’s the day’.

Turns out, this morning’s session may be ‘the day’ (not advice, not a recommendation).

Junior Miners GDXJ, 15-minute

Note how the behavior of the first fifteen minutes ‘alternates’.

Yesterday’s 15-minute bar posted lower and continued for the next four bars before starting a recovery.

Today is different; straight down, no recovery (so far).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Morning After

October 20, 2025 By in Banking, GDXJ, Gold & Silver, Gold Miners, JDST, KRE, Positions, SLV, UBER, UBER-25-04, XLF, XLF-25-08 2 Comments

Sort Of

It’s not really the morning after but being the day after Friday’s action, we’ll call it even.

Two shorts closed and three opened.

Both the XLF, and UBER, shorts were closed; one with profit, one not. Then, three more opened (not advice, not a recommendation).

As stated in the comments on this previous post, it’s possible the banking index KRE, is not going to make it to Fibonacci Day 34, this Wednesday.

Time counts are always secondary to price action.

Next up, is the silver market.

It’s a no-brainer that something’s ready to break. The press and YouTubers, et al., would have you believe that were finally ‘putting it to the man’. The ‘paper manipulation’ is over, so it goes.

Mabe that’s right this time around.

However, I’ll stick with the market-makers that have been in control since the buttonwood tree. 🙂

More updates to come with charts and positions.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Monday’s Damage Assessment

October 13, 2025 By in $SPSIBI, Bert Dohmen, BIS, DRIP, DRV, DUST, DXD, FAZ, IBB, JDST, LABD, LABD-25-13, Positions, QID, SDS, SOXS, SPBIO, TZA, XBI

Where’s The Crash?

The YouTube weekend ‘consensus’ was for a Monday morning massacre.

So, where is it?

Bert Dohmen, said it best in this interview, (paraphrasing), ‘If everybody agrees with our analysis, then we have to get a new analysis’.

Monday’s First 15-Minutes

After the first 15-minutes of trade, an assessment was made on the ‘Leveraged Inverse Funds’.

The point being, since this site’s maintaining a short position in biotech (via LABD), how did it fare when compared to the other funds?

After the first 15-minutes of trade, the table at left shows all inverse funds being tracked, in the red, some painfully so (like SOXS, JDST, DUST).

All red, except for the two biotech’s, LABD and BIS.

Those two funds are short vehicles for biotech XBI and IBB, respectively.

The XBI index has not (yet) made a new daily low.

Conversely, the inverse fund LABD, has not made a new daily high.

With that said, the stop on LABD-25-13, remains at last Friday’s low of 33.17 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold … Correction Coming

September 19, 2025 By in DUST, GDX, GDXJ, GLD, Gold & Silver, Gold Miners, JDST, JDST-25-14, Positions 3 Comments

Measured Move

We’re there now.

The chart below, shows a (potential terminating) wedge with measured move.

Tracking fund GLD, has met the wedge target.

As always with the markets, anything can happen.

Gold GLD, Weekly

If gold (GLD) does correct, even just a little, it’s likely to hit the miners, GDX, GDXJ as well (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Junior Miners … Wedge

September 2, 2025 By in GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-13, Positions

Throw-Over?

When looking at the chart of Junior Miners, GDXJ, it’s possible we could be in the midst of a massive terminating wedge ‘throw-over’ (not advice, not a recommendation).

We’re about an hour before the close; GDXJ, price action is beginning to retreat off its session highs.

Junior Miners, GDXJ, Weekly

Upward thrust (Force) is dissipating.

If action enters back into the wedge pattern, it’s typically viewed as a sell, or sell short signal (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold Miners … In The ‘Pattern’

August 11, 2025 By in DUST, GDX, GDXJ, Gold & Silver, Gold Miners, GXZ25, Inflation, JDST, Spring-to-Up-Thrust, Wyckoff

Was That, The Top?

Inflation reports are released tomorrow, link here.

That release may be an inflection point for the miners.

This past Friday, GCZ25, posted an all-time high, then reversal; in the early session today, it’s continuing lower.

From a Wyckoff standpoint, what’s in the inflation reports is immaterial. The real question is, ‘what’s the market saying about itself?’

Junior Miners, GDXJ, Daily

Repeating pattern, Spring-to-Up-Thrust.

Pre-market action (8:34 a.m., EST) shows a lower open.

If we open lower, the short entry objective, is to wait for action to move higher in an attempt to close the (potential) gap (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver, Nears The ‘Target’

June 6, 2025 By in Gold & Silver, JDST, JDST-25-12, MDB, MDB-25-01, Positions, SLV 1 Comment

What Happens, Then?

Let’s look at silver’s ‘breakout’ and see where the move might be headed.

A standard Fibonacci projection tool is shown on the silver chart; then, an additional chart (of MDB) presents how it looks, when met.

Silver SLV, Monthly

We’re very near the ‘100%’ projection.

Now, for an example of how it looks when the projection is met (exactly).

MongoDB, MDB, Daily

Price action hits the 261.8% exactly, after the earnings release.

After getting ‘whacked’ on positioning short the miners, all positions closed.

Standing aside for now (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver Breakout?

June 3, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-12, Positions, SLV, ZeroHedge

Gold & Silver Miners (shorts) Capitulate?

Did the shorts just run for the exits?

Yesterday’s hysteria created yet another potential (sustainable) silver breakout, maybe.

Silver Surges: Breaking out of Triangle Pattern to New Highs in 2025, link here.

Producing another rush by the herd, attempting to trade what’s already happened.

The Silver Squeeze Awakens: Options Market Screams for More, link here.

The last update said ‘today could be the day’ … the day we get a downside reversal in the miners.

Instead, we have potential JDST short-side capitulation; with inference of GDXJ, downside (not advice, not a recommendation).

Junior Miners 2X Leveraged Inverse Fund JDST, Daily

Today is an important day.

Will we get follow-through on GDXJ (up) and JDST (down), or will the hysteria fade?

If this really is a silver squeeze, one would expect the market (SLV) to scream ever-higher (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners Gap Higher (pre-market)

June 2, 2025 By in BA, BA-25-04, DUST, GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-12, Positions, Spring-to-Up-Thrust 1 Comment

Is Today, The Day?

Gold miners, higher in the pre-market (as of 8:31 a.m., EST).

Looking at Senior Miners GDX, we’re at the edge of the lake.

This is where a trend continues (higher in this case) or it’s exhausted and will post sideways or reverse.

Senior Miners GDX, Daily

Important note: Today is Fibonacci Day 13, from the ‘spring’ lows to ‘up-thrust’ high(s)

Since this site’s already short (JDST-25-12), we’ll be watching the morning action closely 🙂

Other Markets

The expectation for Boeing, BA, was to begin its reversal after the ‘test’ last Friday.

In the pre-market, that’s not happening. It has not posted a new daily high (above last Thursday’s high), but it’s not going lower either.

BA-25-04, exited with -0.67% loss (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold Miners at 12-Year Highs!

May 31, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-12, Positions, Spring-to-Up-Thrust

‘Retail’ Says … I’m All In !

When you can buy gold bars at Costco, you know the top is, … or is nearly, … in (not advice, not a recommendation).

As a corollary, why wasn’t Costco selling gold back in 2001, when it was $271/oz.? Now, it’s all the rage.

With that, we’ll look at the miners; Juniors, GDXJ.

Junior Miners, GDXJ, Daily Close

Where have we seen this (price action) before?

Shown in the sidebar, already short via JDST, as JDST-25-12 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279