the 60 min GDX chart no longer has any neg divergence, this
suggests that a pullback may form a flag pattern or 4th wave
also note when RSI hits extreme levels, I've noticed that you
usually get a pullback, but not a top, generally suggests some kind
of 3rd wave action and a pullback is more 4th wave
GDX
Posted by deffinp on 19th of Jun 2014 at 01:01 pm
GDX - Chart Link
Hitting symmetry targets
deffinp - nice use of
Posted by matt on 19th of Jun 2014 at 06:55 pm
deffinp - nice use of symmetry targets. clearly you've been through one of the tutorials.
Most oversold in.....HISTORY!!
Posted by parrrich on 19th of Jun 2014 at 06:05 pm
Most oversold in.....HISTORY!!
Good article on Junior Miners http://seekingalpha.com/article/2265963-5-reasons-why-the-junior-gold-miners-are-moving-higher
Posted by renko777 on 19th of Jun 2014 at 11:37 pm
Good article on Junior Miners
http://seekingalpha.com/article/2265963-5-reasons-why-the-junior-gold-miners-are-moving-higher
the 60 min GDX chart
Posted by matt on 19th of Jun 2014 at 01:09 pm
the 60 min GDX chart no longer has any neg divergence, this suggests that a pullback may form a flag pattern or 4th wave
also note when RSI hits extreme levels, I've noticed that you usually get a pullback, but not a top, generally suggests some kind of 3rd wave action and a pullback is more 4th wave
Thanks for insight
Posted by deffinp on 19th of Jun 2014 at 01:13 pm
Thanks for insight