Loading ...GDX Daily Update…
Watching the price action at the 13/34 EMA…
Getting close…
Does GDX have another “hidden/reverse divergence” as in Jan of last year?
Symmetry is certainly the same…
The daily stoch bouncing off 50 denotes strong internal momentum…
Very difficult to call IMO Eagle. $TNX is super strong this morning, up 3.93% and now looks to me as though it wants to
test the December high. UUP is lagging it significantly though, which is a bit of a divergence because the
two have been moving closely post-election. I’m hoping the miners have a small correction here and then rally strongly
but I just don’t know. I’m waiting for the market to show me it’s hand.
Yes, JenkinsLane, difficult. Many conflicting variables to consider…