gyzhao - Steve already replied

    5 min GDX chart

    Posted by matt on 24th of Apr 2012 at 03:42 pm

    gyzhao - Steve already replied to you on level 2, but otherwise technically nothing has changed with GDX, tomorrow we'll be watching it closely

    I'm closely monitoring the 60 min GDX/GLD ratio trendline; Note with the last low there is now positive divergence potential, see the MACD and MACD histogram

    on the 60 min GDX chart, major resistance is the downtrend line, of course one comment, the small H&S pattern inside the channel that I discussed last night basically hit its price target of about 44.

    we'll see...

    thanks!

    Posted by gyzhao on 24th of Apr 2012 at 03:52 pm

    thanks!

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