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SVTPremium
Mar 5, 2024 2:27 PM

GDX 1D TW 

VanEck Gold Miners ETFArca

Description

Miners are detecting the possible trend on dollar: they have a negative correlation to dollar and a positive correlation to stocks. Now harmonics signals a clear shor-term breakout: short-term buy since 29-FEB but no longer-term confirmation yet. SSTIS is a confirmed buy with a bull surge signal but a fake bull. This means a stretch but then a drop -same time when dollar is to pop-up. 2D MV chart is a confirmed buy, SBV has a bull cross now and we have a slight, initial MVO bull surge. 2D MV fakeout chart is a confirmed buy but a fake bull. All our indicator system confirm a strong trend-up with an initial, slight correction.
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