thanks for the chart puma. 

    GDX 15 MIN divergence

    Posted by cwa82675 on 27th of May 2010 at 02:38 pm

    thanks for the chart puma.  I agree gdx looks weak here and has neg div on all minute timeframes. I loaded a one day chart to pick a good shorting point and was lucky enough to load a few minutes before the final touch of the upper trendline in this wedge. This is a 2 min chart though so dont give it too much credibility. I picked up a few calls. Would have taken a more aggressive position but I am worried the market may play out the h&s pattern so I want to keep lots of gunpowder ready for higher prices. 

    seems to be breaking here. 

    Posted by cwa82675 on 27th of May 2010 at 03:19 pm

    seems to be breaking here.  again this is a 2 min chart.

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