Is GDX Renko system on

    Posted by cw12 on 22nd of Feb 2012 at 09:46 am

    Is GDX Renko system on a short or long right now?

    Is the GDX Renko long

    Posted by cw12 on 22nd of Feb 2012 at 01:22 pm

    Is the GDX Renko long or short? The reason I ask is b/c I saw a post last week from Matt that said it would take a close of 55.44 or higher for the GDX renko system to switch to a buy. We got a close above that price yesterday, but there was no email indicating a signal change. FWIW, I don't have a position in GDX at the moment, but curious what happened.

    It seems we could get

    Posted by tom on 22nd of Feb 2012 at 01:30 pm

    It seems we could get a new long signal today on the GDX Daily Renko.  Per Matt's Feb 15th comments we needed a price over $56.04. I will verify with Matt later today.

    Here is the chart:
    http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=7&dy=0&id=p02416348523&a=193397452&listNum=12

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