Posted by frtaylor on 30th of Mar 2011 at 03:31 pm
look at a 60 minute chart. Price dropped from 61.30 to about 58
late last week into early this week, then turned and has been going
up slowly on lower volume. This latter move after a down trend is
known as a bear flag.
look at a 60 minute
GDX - sell signal, but ratio just went long
Posted by frtaylor on 30th of Mar 2011 at 03:31 pm
look at a 60 minute chart. Price dropped from 61.30 to about 58 late last week into early this week, then turned and has been going up slowly on lower volume. This latter move after a down trend is known as a bear flag.
thank you, your explanation is
Posted by debbies on 30th of Mar 2011 at 03:34 pm
thank you, your explanation is much appreciated!
Here's a 60 min chart
Posted by cw12 on 30th of Mar 2011 at 03:51 pm
Here's a 60 min chart showing the bear flag.