GDX H&S

    Whither GDX?

    Posted by dallassteve on 6th of Sep 2011 at 05:02 pm

    sure looks like a bearish H&S to me.  Not perfect shape.  If the right shoulder is going to be symmetrical with the left, we will know by noon tomorrow.

    However, renko chart (#37 from newsletter) and the GDX system are both on buy signals.  I'm not ready to short GDX yet.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!