From Trader Dan’s World…a Trilogy for You
1. Mining Shares in a World of Hurt
https://traderdan.com/?p=14056
2. US Dollar Clears First Hurdle
https://traderdan.com/?p=14062
3. High Yield Bonds
1. Mining Shares in a World of Hurt
https://traderdan.com/?p=14056
2. US Dollar Clears First Hurdle
https://traderdan.com/?p=14062
3. High Yield Bonds
Thanks, Fully.
“Tonight I would like to start off the Wednesday Report by looking at our current bull market in the HUI. I’m going to try and show you how our current setup is what one would expect in a bull market.” Rambus https://rambus1.com/2016/10/05/wednesday-report-139/
“The HUI is coming unglued on the charts with the index falling below long term chart support at the 200 day moving average in today’s session”
“More importantly, the ADX line, is now beginning to rise as the price moves lower. This is ominous as it suggest, NOT CONFIRMS – that the possibility of a trending move lower in the shares is underway.” Trader Dan https://traderdan.com/?p=14056
Why is Rambus calm and cool, suggesting this is normal, healthy bull market action, while at the same time Dan is freaking out?
Aren’t they looking at the same charts?
Either way, I bought some GDX calls today.
That’s what makes a market eh ?
Different Traders also can be trading different time frames
Some trade short term others medium term
Some even day trade like the Eagle
Different strokes !