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SVTPremium
Jul 1, 2020 1:01 PM

GDX 1D TW 

VanEck Gold Miners ETFArca

Description

Miners are a confirmed buy on harmonics. SSTIS is a short-term sell with a long-term buy signal and a fake bear. 2D MV chart is a confirmed buy. 2D MV chart is a confirmed buy with an MVO bull surge signal. Position of miners is well-above V-MA. Checking 3D MV momentum chart signals an MVO bear/bull switch. SVT will take an initial, long position on miners, 20%. In order to protect this position, SVT will use GDX SH exit plan. Please note that the two conditions for a miners bull rally gold's rally and equity rally are dubious, therefore is the moderate long position.
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