GDX - Chart Link - been having some
computer issues today, anyway here's an updated view on the 5 min
GDX chart, earlier it broke out, then back tested the neckline and
rallied off it, then consolidated again and pushing again
higher
see sticky post, the conditions to being met are on the edge so
have to wait to the close in order to confirm.
the trade type is NOT from the original SPY system, it's a bear
market long, which is shared by the ES system, though currently the
same conditions for the ES system are not being met so that system
won't be going long.
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GDX comments intra day
Posted by matt on 10th of Feb 2016 at 11:16 am
$SPX - Chart Link - right on cue when the SPX pulled back from the highs, GDX bounced
GDX - Chart Link - here's a 5 min chart scenario to monitor
Update: GDX comments intra day
Posted by matt on 10th of Feb 2016 at 02:55 pm
GDX - Chart Link - been having some computer issues today, anyway here's an updated view on the 5 min GDX chart, earlier it broke out, then back tested the neckline and rallied off it, then consolidated again and pushing again higher
SPY
Posted by nichi on 10th of Feb 2016 at 03:43 pm
Matt: Any update of SPY please
see sticky post, the conditions
Posted by matt on 10th of Feb 2016 at 03:55 pm
see sticky post, the conditions to being met are on the edge so have to wait to the close in order to confirm.
the trade type is NOT from the original SPY system, it's a bear market long, which is shared by the ES system, though currently the same conditions for the ES system are not being met so that system won't be going long.