mf0gli1 - here's the chart you requested, looks like the ratio
broke yesterday. However it's too early to draw a new
downtrend line over the ratio. There was some negative
divergence via the MACD.
otherwise 14/3 stochastics is getting oversold, and the 60
period stochastics is nearing 50% which may be a support. The
uptrend line is quite a bit lower, otherwise keep an eye on 60
period stochastics to see if it finds some support there
mf0gli1 - here's the chart
Matt--GDX:GLD 60 minute??
Posted by matt on 3rd of Mar 2011 at 11:34 am
mf0gli1 - here's the chart you requested, looks like the ratio broke yesterday. However it's too early to draw a new downtrend line over the ratio. There was some negative divergence via the MACD.
otherwise 14/3 stochastics is getting oversold, and the 60 period stochastics is nearing 50% which may be a support. The uptrend line is quite a bit lower, otherwise keep an eye on 60 period stochastics to see if it finds some support there
Just covered my short @
Posted by frtaylor on 3rd of Mar 2011 at 12:39 pm
Just covered my short @ 59.27.
Thanks Matt! Hey, if we
Posted by frtaylor on 3rd of Mar 2011 at 12:33 pm
Thanks Matt! Hey, if we stay below the gap today, it'll form an island top, right?