Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Al_Dente wrote:GDX bounced off double bottom and is now at 200ma resistance
May have enough uuuumph to get up to 38% fib retracement, resistance
Bullish percent (EOD) should tell us if/when the bounce turns into a trend change
Until then, the main trend is still down, the bounce is counter-trend, and the dome is still operable…
1212gdx.png
One of my favorite charts of all-time Al! Great stuff. At this rate looks like BPGDM will be turning when she updates
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
jarbo456 wrote:the reality is that you concoct methodology and post babble that makes little sense
You seem to pay attention to it.
jarbo456 wrote:when you were spewing and actually giving advice to someone about how "PHK was a MUCH better alternative to TLT" (the logic of that confounds me even now).
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
60 min Russell 2000 chart is in bearish mode; however, daily chart is still showing long way to go toward bullish side. I guess it's time for $RUT 2000 to pull back a little.
still on support. bears would hope spx could close in green again today.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
TraderGirl wrote:Tim the Sloper, master chartist...on Q's...
slope of dope?
Don't be a hater.... Not nice...
Without even knowing what was on the chart I thought to myself, "Let me guess he is bearish." That is one of the reasons he dropped off my regular reading list FWIW.
two cents
XLF overbought and can remain ob for as long as it wants
Equal weight (gold) RYF is in synch
Yield (grey) never tracks it exactly, just general direction
OBV on balance volume is strong
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.