Loading ...Stan Weinstein’s Playbook
Here is a trick you can steal from Stan’s playbook. Mansfield Relative Strength Indicator (which for a long time I confuse with RSI).
Moment might be time to balance portfolio in favor of gold miners vs the metal itself!
Edit: I updated the chart with trendline on MRS.. might want to wait until it breaks to the upside.
Hey I just got that book today! 🙂
It’s a beauty. Classic stuff. Such Pionneers.
Very nice chart, thanks! I like that last arrow on the current price action trigger signal. It’s easy to show decision points and triggers in hindsight because we can see how the whole price movement played out, but the real test is applying these techniques to the start of a new trend when you don’t know what’s going to happen and all you have are your indicator and moving average signals.