Somehow, I don't know how, there are ten folks who want to follow my ideas. I thank you for being interested. I just love charting and hopefully my thoughts will be helpful to you in the way you trade. Here is a update on GDX
). It corrected down to b more than I thought it would. Interesting to me is that even though there was a negative reversal in the RSI
but yet the price (as of yet) did not go to a new low (ie less than C). Also the RSI
formed a positive reversal which suggests that price will go greater than a. So I am still bullish
. Have a great rest of the week. Goodguy.