{"id":350771,"date":"2015-09-04T16:25:53","date_gmt":"2015-09-04T20:25:53","guid":{"rendered":"http:\/\/goldtadise.com\/?p=350771"},"modified":"2015-09-05T10:00:52","modified_gmt":"2015-09-05T14:00:52","slug":"a-close-at-resistance-constructive-for-a-short-position","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=350771","title":{"rendered":"A Close at Resistance – Constructive for a Short Position"},"content":{"rendered":"

I actually was happy to see the close today while positioned short.\u00a0 I added a tiny bit to JDST near the end of the day at 10.73 but I do think it could fall a little farther while still maintaining appropriate trend.\u00a0 The only time I add to my position is when I see GDX\/GDXJ\/GLD hitting resistance and the market lobbed an opportunity to us today.<\/p>\n

\"GLD<\/a><\/p>\n

GDX H&S still looking good.\u00a0 Nice shakeout of weak shorts right into multiple resistance.<\/p>\n

\"GDX\"<\/a><\/p>\n

GDX trajectory bizarrely is moving exactly as I “guessed”.\u00a0 I haven’t modified those arrows showing my guestimate of a path in\u00a0several days.<\/p>\n

\"GDX\"<\/a><\/p>\n

My premise with “line in the sand” since 8\/28 has not changed at all.<\/p>\n

\"GDX\"<\/a><\/p>\n

In short, I like how things stand going into next week with my fully loaded short position.<\/p>\n

Edit: Here’s a chart showing why I think JDST could dip a bit farther before moving up next week.<\/p>\n

http:\/\/schrts.co\/zVfNuD<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

I actually was happy to see the close today while positioned short.\u00a0 I added a tiny bit to JDST near the end of the day at 10.73 but I do think it could fall a little farther while still maintaining … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2376,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-350771","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/350771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2376"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=350771"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/350771\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=350771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=350771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=350771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}