GDX - Chart Link - per the pattern that
Steve discussed on the weekend and I discussed last night, the
higher GDX pushes here above the 50 MA, the better and more bullish
it is because the inverse H&S possibility becomes more valid.
Also then after a good pullback, if price can hold above the
50 MA to form a higher low, even better - this action can also
provide time for the various moving averages to start aligning in a
more bullish configuration - this is a concept that any of who have
taken Steve's Tutorials knows what I'm talking about
GDX comments/follow up
Posted by matt on 23rd of Jul 2013 at 03:24 pm
GDX - Chart Link - per the pattern that Steve discussed on the weekend and I discussed last night, the higher GDX pushes here above the 50 MA, the better and more bullish it is because the inverse H&S possibility becomes more valid. Also then after a good pullback, if price can hold above the 50 MA to form a higher low, even better - this action can also provide time for the various moving averages to start aligning in a more bullish configuration - this is a concept that any of who have taken Steve's Tutorials knows what I'm talking about
How can we take one
Posted by falcon5678 on 23rd of Jul 2013 at 04:13 pm
How can we take one of those tutorials Matt?