OK nice little bounce on gold stocks so far from the lows this
morning, remember the GDX/GLD ratio gave a buy signal
earlier. I also use the 5 min GDX 60 period stochastics as a
guideline.
I have to start getting ready to leave, I own some GDX
personally for a trade, hopefully it can bust out of this bull
wedge
OK nice little bounce on
GDX 60 min
Posted by matt on 22nd of Dec 2009 at 12:10 pm
OK nice little bounce on gold stocks so far from the lows this morning, remember the GDX/GLD ratio gave a buy signal earlier. I also use the 5 min GDX 60 period stochastics as a guideline.
I have to start getting ready to leave, I own some GDX personally for a trade, hopefully it can bust out of this bull wedge
GDX for a trade
Posted by capital1 on 22nd of Dec 2009 at 03:18 pm
Matt, can you provide some fib or resistance levels on where you will sell your GDX? thank you
Matt mentioned 47.50 as the
Posted by junkie on 22nd of Dec 2009 at 03:28 pm
Matt mentioned 47.50 as the stiff resistance in his last nightly update.
5 min GDX chart please?
Posted by perthx on 22nd of Dec 2009 at 12:27 pm
Matt, could you give us a work around link for that GDX 5 min chart, please? Even if only when you get back.
GDX breaking out of wedge on 15 min chart..still a ways off on the 60 min and no slow sto cross up above 20 on the 60 min yet.
Here you go: copy and
Posted by matt on 22nd of Dec 2009 at 12:50 pm
Here you go: copy and paste into your browser, it will work if you refresh it.
http://stockcharts.com/c-sc/sc?s=GDX&p=5&b=3&g=0&i=p00956213436&a=184820071&r=253
Thanks Matt, and a very
Posted by ditch on 22nd of Dec 2009 at 12:15 pm
Thanks Matt, and a very Merry Christmas and thanks for all you do.