GDX Consolidation Continues in Uptrend
I don’t understand bearish bets when prices are at support in a well defined uptrend. This is healthy, constructive and bullish in my view. Why buy DUST here of all places??? At least short at resistance and give yourself some room when you’re betting against the trend.
Also consider the JDST chart….
Agree. The “experts and gurus” were looking for the reversal to enter. Well we got it. Did they and their subs enter … of course not, they went short. Unbelievable.
The last two days are very similar to what happened on 19th and 20th January. 4 months ago exactly. H&S breakdown, ran the stops, the herd went short, then it did a 180 degree turn.
Good charts.