Here's two GDX charts that I talked about yesterday.
The 30 min Renko chart is still on a sell signal and never gave
a buy signal, it had one up candle, but needed to and a crossover
of the Parabolic SAR.
The 60 min GDX chart is still in that downtrend channel, the
GDX/GLD ratio is still trending down for now. The positive thing is
that the 60 period stochastics crossed up over 20%, but the price
needs to go up now.
Both of these charts are in the Sticky Blog post that contains
the dynamic links
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Gold Stocks - GDX Update and charts
Posted by matt on 20th of Apr 2010 at 03:24 pm
Here's two GDX charts that I talked about yesterday.
The 30 min Renko chart is still on a sell signal and never gave a buy signal, it had one up candle, but needed to and a crossover of the Parabolic SAR.
The 60 min GDX chart is still in that downtrend channel, the GDX/GLD ratio is still trending down for now. The positive thing is that the 60 period stochastics crossed up over 20%, but the price needs to go up now.
Both of these charts are in the Sticky Blog post that contains the dynamic links