AMEX:XME   SPDR S&P METALS & MINING ETF
ADX
12 0 1
adx
There is a nice short ADX crossing here. The most recent low of the uptrend at $21.91 was broken. So this makes the crossing very compelling for me.
Target for this trade is about $19.50 and the stop at $22.51 which gives a nice risk reward ratio of 2.5.
Let's see how the market plays this.
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