Tag Archives: GDXJ
A.M. Look 1/3/14
Stocks.. BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan. Spu’s…a … Continue reading
A.M. Look 11/15/13
Stocks.. GOOG…is attempting an ORH week with a close over 1032.40. This pattern tgt’s another 10% higher for GOOGLE to the 1140 area. Bonds 30 yr. Bonds…We’d like to sell a rally into the mid 133’s, however this looks unlikely. … Continue reading
It’s all about the Miners
GDX…30.96 is resistance and the upside pivot for a test of 32.11. GDXJ…50.84 is the matching resistance level and the upside pivot. A close above this level is needed for a test of 55. NEM…34.20 is resistance and the upside … Continue reading
Midday Missive
NEM…put in a terrific low today on a very long time frame chart. We’ll look to buy it tomorrow or on a small pullback against today’s low which is also a double bottom on a monthly chart. BHP…has broken out … Continue reading
A.M. look 7/1/13
Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44 is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading
A.M.Look 5/21/13
AUD/USD….98.35-40 is resistance and the upside pivot. Buy stops for this swing are 98.80. Those short the Aussie should use a break above the aforementioned level as your trailing stop. GDX…28.75-29.20 is resistance. This is the field of broken dreams … Continue reading
GDXJ | Junior Gold Miners ETF Weekly Chart
The miners have a potential double bottom on the weekly charts.. Most everything else has seemed to have temporarily bottomed.
GDXJ Chart | Metals
The worst looks over for the metals… Nem as well as the mining etf’s are showing a tradeable low that will be confirmed with closes above yesterday’s highs