GDX/GDXJ Daily…
GDX is backtesting two trend lines…
Watching the RSI 5 trend line marked for reaction to determine bull/bear case…
UUP riding a trend line–bounce or breach?
GDXJ is backtesting the horizontal trend line (over by 5 cents today)
PSAR sell signal…Plunger, I am using your chart…
MACD close to a BEAR cross…
Flow analysis denotes selling of NUGT and buying of DUST…
https://finance.yahoo.com/news/bold-bearish-call-gold-miners-123317211.html
Yes, I like this 4-horseman /PSAR chart. It is saying don’t take on new long positions at least until the tweekers turn back up. For long position holders it says hold for now as only tweekers have crossed downside. Thin reed, but look how that last MACD downside bar is getting smaller. Maybe the initial halting of downside momentum.
I use this chart as additional information, and am holding my positions. Plus I don’t own any ETF
Cheers