I just made a chart of the GDX on the Elder system, notice that
there were 3 false indicators buys before the last move up really
started. Right now, the indicators are moving toward a buy but we
will have to see how this plays out. Also, regarding the questions
of the MACD 65:1 the buy is supposed to happen when the MACD black
line in the chart crosses above price or in the lower MACD box,
when it crosses above the zero line.
GDX Elder
Posted by ditch on 22nd of Oct 2010 at 03:56 pm
I just made a chart of the GDX on the Elder system, notice that there were 3 false indicators buys before the last move up really started. Right now, the indicators are moving toward a buy but we will have to see how this plays out. Also, regarding the questions of the MACD 65:1 the buy is supposed to happen when the MACD black line in the chart crosses above price or in the lower MACD box, when it crosses above the zero line.
GDX looked strong today
Posted by skyscraper on 22nd of Oct 2010 at 04:06 pm
key resistence 55.
The volume was not good
Posted by ditch on 22nd of Oct 2010 at 04:30 pm
The volume was not good on the GDX today.