Assume GDX was moving up early today based upon 'expectations'
of Fed statement. Perhaps that's an incorrect assumption, but
if no,t and hearing the Fed statement contained
nothing unexpected, why was a reversal in GDX
logical? Is there a technical explanation?
GDX logical sell off after FOMC
Posted by matt on 1st of Nov 2017 at 02:14 pm
GDX:GLD - Chart Link - the ratio of course has been on a sell signal since Oct 13th,
GDX - Chart Link - 5 min view showing today's action
Why logical sell off?
Posted by RichieD on 1st of Nov 2017 at 03:49 pm
Assume GDX was moving up early today based upon 'expectations' of Fed statement. Perhaps that's an incorrect assumption, but if no,t and hearing the Fed statement contained nothing unexpected, why was a reversal in GDX logical? Is there a technical explanation?
Trying to learn.
tightening, rising rates in future
Posted by matt on 1st of Nov 2017 at 07:21 pm
tightening, rising rates in future etc,